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.

---

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.

Analysis, Clinton, Bill, Stock-exchange, Stock exchanges, United States economic conditions

---

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.

Economic aspects, Inflation (Finance), Interest rates, Inflation (Economics)

Similar abstracts:

• Abstracts: Kronos Corp. expects to report decline in net for quarter, rise for full year. Lotus predicts net may fall in 3rd quarter
• Abstracts: A legend in her own right. When the going gets tough .... His piece of the pie
• Abstracts: Japanese memory chip makers savor rise in U.S. sales but move cautiously. Silicon duel: Koreans move to grab memory-chip market from Japanese; their strategy should sound familiar to Asian rival: out-invest, hire the best; next target: laptop screens
• Abstracts: Haiti: Aristide's party dominates elections. Aristide, military open indirect talks. Haiti compromise sets Aristide return

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.