Bank One: Pre-emptive strike a positive

Oct. 8, 2002 at 2:48 PM

CHICAGO, Oct. 8 (UPI) -- Bank One economist Diane Swonk Tuesday said a pre-emptive strike against Iraq before the end of the year would have a positive impact on the U.S. economy in 2003. Swonk said that though oil prices likely will spike with an attack on Iraq, the long-term outlook is for a downtrend.

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