31. Gore said when Bush took office, the economy was in good shape and the administration failed to take action to keep the economy strong. 32. He would leave interest rates alone even in a crisis, a tactic that in his view is more likely to keep an economy out of recession. 33. His research made him skeptical that monetary policy, which operates through interest rates, could keep the economy on a steady upward climb. 34. Housing purchases and personal consumption have kept the economy from capsizing during a four-year drought in corporate profit growth and spending on new factories and buildings. 35. If further signs of weakness emerge by then, Fed policymakers may feel pressured to lower rates to keep the economy from falling into a recession, analysts said. 36. If sales surge in coming months, that could give Federal Reserve policymakers a reason to raise the overnight bank lending rate again to keep the economy from overheating. 37. If it persists, he said, the Federal Reserve may have to cut interest rates to keep the economy from slipping into a recession. 38. If that is the case, renewed buying of American exports could keep the economy growing too rapidly. 39. In an effort to keep the economy from sliding into a recession, Greenspan cut interest rates three times this year. 40. In February many investors and analysts expected the Fed to keep cutting overnight bank-loan rates in a bid to keep the economy from slipping into a recession. |