Economic Outlook and Monetary Policy

Federal Reserve Board Chairman Alan Greenspan testified that the recent extreme fluctuations of the stock market may help “to prolong our si… read more

Federal Reserve Board Chairman Alan Greenspan testified that the recent extreme fluctuations of the stock market may help “to prolong our six-and-a-half-year business expansion.” He said, “Provided the decline in financial markets does not cumulate, it is quite conceivable that a few years hence we will look back at this episode, as we now look back at the 1987 crash, as a salutary event in terms of its implications for the macroeconomy.” close

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Economic Outlook and Monetary Policy

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Program ID:
94581-1
Category:
Joint Committee
Format:
Joint Committee
Location:
Washington, District of Columbia, United States
First Aired:
Oct 29, 1997 | 9:40pm EST | C-SPAN 2
Last Aired:
Nov 02, 1997 | 5:54pm EST | C-SPAN 2

Airing Details

  • Oct 29, 1997 | 9:40pm EST | C-SPAN 2
  • Oct 30, 1997 | 3:31am EST | C-SPAN 1
  • Oct 30, 1997 | 7:58am EST | C-SPAN 2
  • Nov 02, 1997 | 5:54pm EST | C-SPAN 2
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Economic Outlook and Monetary Policy

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