Given a text, write a compressed version of it in a single sentence.

[Q]: The "Cathedral Report" is a good one. The school is enjoying full enrollment with many accomplishments being achieved by students and graduates.
[A]: The "Cathedral Report" is good. The school enjoys full enrollment with student and graduate accomplishment.

[Q]: Chides New York Mayor Giuliani for taking months to ultimately deny parade permits to his foes while swiftly granting permits to those whose views he endorses.
[A]: Mayor Giuliani to deny parade permits to his foes while granting permits to those whose views he endorses.

[Q]: In other words, this more sophisticated co-op would have a central bank that could stimulate a depressed economy by reducing the interest rate and cool off an overheated one by raising it.
[A]:
This more sophisticated co-op would have a central bank that could stimulate the economy by reducing the interest rate.