finance
Greenspan & Gang Stay The Course
Filed in archive Economy by andy on May 3, 2005
Greenspan.jpg


Steady as she goes.

I found this statement the most illuminating, given that many people believe the Fed may be done tightening now:



The Committee perceives that, with appropriate monetary policy action, the upside and downside risks to the attainment of both sustainable growth and price stability should be kept roughly Equal.



I don't hear the fat lady singing just yet.


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