...advance. "After more than six years of economic expansion, inflation remains completely absent," said economist Bruce Steinberg of Merrill Lynch & Co. in New York. "Between extremely favorable inflation news and three consecutive months of...

...prices would have been unchanged. "There's no evidence of inflation in the U.S. economy," said economist Bruce Steinberg of Merrill Lynch. "The Asian recession is deepening and widening ... and the production side of our economy is...

...of a slowing economy will keep the central bank on hold. "I think the Fed will face a difficult choice," said Bruce Steinberg, chief economist at Merrill Lynch in New York. Those who support no change point to the lack of inflation evidence...

...aircraft component. Excluding transportation, orders fell 0.2 percent, the second straight decline. Economist Bruce Steinberg of Merrill Lynch & Co. in New York noted that demand for business equipment was particularly weak in November. Orders...

...devaluations have made imports cheaper and more attractive to consumers here. "Job growth is gradually slowing," said Bruce Steinberg, chief economist for Merrill Lynch & Co. After an erratic week on Wall Street that began with a 512-point drop...

...economy has been robust, tax revenue has been strong, spending has been relatively contained," said economist Bruce Steinberg of Merrill Lynch in New York. "The 1997 deficit will be $80 billion, maybe even less. That's remarkable...

...the Asian crisis could have hurt exports enough to trigger increased joblessness. Under that scenario, economist Bruce Steinberg of Merrill Lynch says, the rate cut could come in May. "We have a little bit of evidence that Asia is beginning...

...economic fundamentals that led to the correction are still very much in place. Indeed, they are getting worse," said Bruce Steinberg, chief economist at Merrill Lynch. He expects the global slowdown to last well into next year. For the moment...

...probably lead to further job cuts during the next several months - hence the need for further Fed action," said Bruce Steinberg, chief economist at Merrill Lynch. "But eventually, by restoring the conditions of profitability, it will give...

...the labor market will show only very gradual improvement in 2002," predicted Merrill Lynch's chief economist Bruce Steinberg. "That's because corporate restructuring activities will continue full force as companies resize themselves for...