Federal Reserve Board Governor Roger W. Ferguson Jr. said last week that he does not expect year-2000 problems to trigger a recession.

"I do not agree that the year-2000 problem will push the economy into recession," Mr. Ferguson said on Nov. 24. "I believe those statements are overdone."

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.