Monetary Policy
Mr. Greenspan testified about the possibility of an interest rate hike saying that, while it remained possible, he did not expect it would b… read more
Mr. Greenspan testified about the possibility of an interest rate hike saying that, while it remained possible, he did not expect it would be implemented soon. He further noted that the economy continued to perform well but warned that stocks seemed overvalued and that a shrinking labor market could exert pressures on the economy. close
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