Bursting bubble can spell trouble
Article Abstract:
US Federal Reserve Board chairman Alan Greenspan has signalled that he intends to raise interest rates in order to curb the dramatic growth of the economy. As consumer spending reaches an all-time high and US household savings are approximately nil there is fear that the markets could collapse and cause a worldwide recession.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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The cutting hedge
Article Abstract:
In August 2001, the chairman of the US Federal Reserve, Alan Greenspan, cut the US interest rate for the sixth time in as many months, with the federal funds rate dropping by 42%. Interest rate cuts normally lead to a rise in equity prices, but Greenspan's campaign has not worked the way it was expected to.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2001
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From small shifts mighty earthquakes erupt
Article Abstract:
Issues discussed concern the economic policies of the US as put forth by Federal Reserve Board Chairman Alan Greenspan. Topics addressed include fluctuations in the market, the potential for rising interest rates to curb inflation, and US deficit financing.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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