State of the Economy
The House Banking and Financial Services Subcommittee on Domestic and International Policy heard testimony from Federal Reserve Chairman Ala… read more
The House Banking and Financial Services Subcommittee on Domestic and International Policy heard testimony from Federal Reserve Chairman Alan Greenspan concerning the state of the U.S. economy. Chairman Greenspan said that inflationary pressures have remained tame but reiterated that the central bank would be willing to raise interest rates at the first sign of inflation. close
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