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07 May 2001 15:51 G10 CENBANKS' GEORGE:US ECON. PICKUP SEEN IN 2H01, EARLY 2002
G10'S GEORGE NOTES 1Q US GDP DATA 'RATHER POSITIVE'
G10'S GEORGE:US OLD ECON. INVENTORY ADJ. NOW NEARER TURNING PT
G10'S GEORGE:BUT EVERYONE AWARE OF UNDERLYING US IMBALANCES
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