If one think of "'M "'as a direct sum ( or more accurately, a direct integral ) of its factors, then the central projections are the projections that are direct sums ( direct integrals ) of identity operators of ( measurable sets of ) the factors.
42.
The " central projection " of the 18 Fed policymakers who attended the Open Market Committee's meeting July 5 and 6 sees the nation's unemployment rate at 5 . 75 percent to 6 . 125 percent in the fourth quarter of 1995 and in the final quarter of 1996.
43.
While the introduction in January of the gilt repurchase market in part contributed to the expansion in money supply, the bank warned that the " picture remains one of broad money growth consistent with the central projection of an acceleration of domestic demand form the end of this year ."
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