Alan Greenspan's miracle cure

Article Abstract:

The US Federal Reserve cut interest rates as an emergency measure on Oct 15 1998, and this has made global financial markets more optimistic. The aim was to tackle a liquidity crisis in capital markets linked to a move away from risk by investment banks. The interest rate cut has brought some improvement, but conditions continue to be difficult. Confidence may be eroded if the US does not reduce interest rates further. Interest rate reductions cannot solve problems in financial markets on their own, and they can lead to further problems if they encourage stock price inflation.

Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Economic aspects, Banks (Finance), Capital market, Capital markets

---

Greenspan to the rescue

Article Abstract:

US interest rate policy, and the performance of Federal Reserve chairman, Alan Greenspan, are examined in detail.

---

Greenspan's big surprise

Article Abstract:

Alan Greenspan's decision to reduce US interest rates in Jan 2001 is examined in detail.

Similar abstracts:

• Abstracts: Bevan's baby hits middle age. Doctors in the dock. Winter discontent
• Abstracts: France's Groupe Bull saw more red in 2000. Groupe Bull arranges loan of 100 million euros. Groupe Bull posts 2.3% revenue drop on slump in PCs
• Abstracts: Trimark brand may survive merger. Much, P&G team up to target teens. The Planet Hollywood star seeks to shine once more
• Abstracts: Revised Alesse effort hits Quebec. RadioShack corners new ad theme. Cooking up a fresh strategy
• Abstracts: More than just beer. Montana chain cooking down south. ONtv rebrands, goes local

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