Economic Outlook and Monetary Policy

Chairman Greenspan testified that the recent extreme fluctuations of the stock market may help “to prolong our six-and-a-half-year… read more

Chairman 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
Last Aired:
Nov 2, 1997

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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