... 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 ... ...

• Word Count: 2990
• Approx Pages: 12
• Has Bibliography
• Grade Level: Undergraduate