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TheAdministration recognizes and respects the independence of theFederal Reserve in making decision's about the nation's monetarypolicy. We share the goal of maintaining solid economic growthwith low inflation.
Recentindicators suggest that our economy continues on a healthy andbalanced course, with low unemployment, strong job creation andlow inflation. We believe that the economy will continue on thispath, led by strong private-sector investment which is creating afoundation for long-term growth and higher living standards forall Americans in the future.
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