Fed Chairman delivers monetary report

Article Abstract:

Federal Reserve Board Chmn. Alan Greenspan informed Congress that he would recommend a deceleration in the rise of interest rates or even a total stop to such increases in the light of the sluggish economic performance in 1995. This policy represents a turnaround from those implemented the previous year.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1995

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Greenspan gives monetary report

Article Abstract:

Greenspan testified before Congress on Feb 20-21, 1996, summarizing the FED's semiannual assessment of the US economy. He indicated that he feels the economy is basically sound, dashing hopes for another interest rate cut. The Dow Jones Industrial Average fell 44.79 points after the news.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1996
Analysis, Clinton, Bill, Stock-exchange, Stock exchanges, United States economic conditions

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Greenspan warns of inflation pressure

Article Abstract:

Greenspan announced on Jul 22, 1993, that the Federal Reserve eventually would have to raise interest rates to prevent an increase in inflation. The Fed planned to focus less on its practice of controlling the economy by managing the growth of the money supply.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1993
Economic aspects, Inflation (Finance), Interest rates, Inflation (Economics)

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Subjects list: Reports, Economic policy, Greenspan, Alan, United States. Federal Reserve Board, Monetary policy
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