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The article focuses on the forecast of economic status in the U.S. wherein several businessmen and private economists predict that economic slowdown will end in three or four months. According to U.S. President Gerard Ford's chief economist Alan Greenspan, the economy will face a decline in annual rate and fears a rise in unemployment rate but strongly believes that recession will end before or after midyear. He also added that tax cut proposals are required for immediate economic recovery and that the Congress must take a quick action on it. Also mentioned are the signs of improvement in the economy including a decrease in unemployment-compensation benefit claims, a rise in retail sales volume, new orders for manufactured goods, and a decline in interest rates.

Comments on United States Federal Reserve Chairman Alan Greenspan and the interest rate cuts he has made in late 1998 in an effort to preserve the US economy. Assertion that the US will suffer a mild recession before things take a turn for the better in 1999 or early 2000; The October 15, 1998 interest rate cut as the 13th cut in the discount rate since 1950; View that the Federal Reserve has a limited influence on events beyond US borders.

Reports on the forecast made by United States Federal Reserve Chairman Alan Greenspan that banks will survive the economic downturn that may come due to a recession. Anticipation that some loans will go bad in the event of a recession; Adjustments in credit policies of some banks; Effect of an economic downturn to individual banks.