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Tuesday, June 3, 2003 | 11:17 a.m.
Federal Reserve chief Alan Greenspan said today he sees indications of a "fairly marked turnaround" in the U.S. economy, with May data suggesting it has "stabilized." "The acceleration has not yet begun," Greenspan told a conference of top central bankers in Berlin, but he went on to note that recovering stock markets and other indications "are suggestive of a fairly marked turnaround."
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