Monetary Policy Report

Chairman Greenspan presented to the committee the Federal Reserve Board’s semiannual report on monetary policy. He said the… read more

Chairman Greenspan presented to the committee the Federal Reserve Board’s semiannual report on monetary policy. He said the Federal Reserve would keep raising interest rates. He gave a positive prediction of “reasonably good” economic growth and low inflation for next year. He expressed some anxiety about rising labor costs and slowing growth in productivity. For the first time he suggested that individual home prices could fall. 

This may be one of Chairman Greenspan’s last appearances on Capitol Hill before his scheduled retirement in January. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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Monetary Policy Report

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Program ID:
187742-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Jul 21, 2005
Last Aired:
Jul 23, 2005

Airing Details

  • Jul 21, 2005 | 7:00pm EDT | C-SPAN 3
  • Jul 22, 2005 | 5:54am EDT | C-SPAN 2
  • Jul 23, 2005 | 2:28pm EDT | C-SPAN 1
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