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U.S Monetary Policy In 1995
Beginning of paper
When Alan Greenspan presented the Federal Reserve's semi-annual report
on monetary policy to the Subcommittee on Domestic and International Monetary
Policy, the Committee on Banking and Financial Services, and the U.S. House of
Representatives on February, Dr. Greenspan touted a cautionary yet favorable
view of the U.S. economy. He states that "W ....
Middle of paper
....r. (Greenspan, 1996, Speech)
There are, of course, critics of 1995's monetary policy. Most of the
criticism came in the early part of 1995 when the Fed raised rates again.
In the article "Are We Losing Altitude Too Fast" from the May 1, 1995
issue of Time magazine written by John Greenwald, he explains that the economy
might not be coming in fo.... |
| Word count: 1368 |
Page count: 5 |
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