U.S. Monetary Policy Part 1
1997-07-23T22:14:00-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvY2EwXC8xOTk3MDcyMzIyMTcyNTAwMl9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==The Senate Banking Committee members heard from Federal Reserve representatives concerning future monetary policy. They stressed that the U.S. economy is performing very well and that monetary policy must continue to facilitate economic growth. They also testified about the Federal Reserve’s decision to raise interest rates by .25 percent in March. This was a part of the semi-annual report to Congress on the state of the economy required by the Humphrey-Hawkins Act.
The Senate Banking Committee members heard from Federal Reserve representatives concerning future monetary policy. They stressed that the U.… read more
The Senate Banking Committee members heard from Federal Reserve representatives concerning future monetary policy. They stressed that the U.S. economy is performing very well and that monetary policy must continue to facilitate economic growth. They also testified about the Federal Reserve’s decision to raise interest rates by .25 percent in March. This was a part of the semi-annual report to Congress on the state of the economy required by the Humphrey-Hawkins Act. close
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