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... .com After nine years of robust growth, America's economic bubble burst in 2000. Technology shares plunged in the spring, foretelling a sharp economic slowdown later that year. The Fed, led by Alan Greenspan, slashed interest rates. But the economy failed to pick up and was in recession before the devastating terrorist attacks of September 11th 2001. Its health took another knock in ... ...
This article is from the Thursday, April 18, 2002 edition of the New York Times. It discusses the implications of Federal Reserve Chairman Alan Greenspan testimony in front of Congress. He said that the Federal Reserve Board would not increase interest rates when the meet again on May 7 because of they are unsure of ... ...
... of the discount window, but also, to the entire money market in general. It seems as though the stated direction of monetary policy will not change in the near future. Alan Greenspan, interest rates, and other monetary policies are standing put. This is due to the FOMC's positive outlook of our economy's long-term health, as well as its uncertainty as ... ...
... of the FOMC on current economic conditions and set target ranges for various economic variables that depicted growth and inflation. Even though the Act expired in the 1990s, Fed chairman Alan Greenspan has testified even more frequently before House and Senate committees than he did during the years in which the Humphrey-Hawkins legislation was in place The practice is continued ... ...
