"Two key factors to keep in mind in this situation are the underlying strength of the economy and the able leadership of the Federal Reserve. Economic growth is healthy, and inflation and unemployment are quite low. In addition, the Federal Reserve demonstrated in 1987 that when necessary it can handle market disruptions superbly, and eliminate negative fallout on the economy. Economic growth actually increased in the fourth quarter of 1987. Currently, the outlook for the U.S. economy remains very positive."
Press Release: #105-87
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