Federal Reserve Report on Economy

Alan Greenspan, Chairman of the Federal Reserve Board, spoke to members of the Senate Banking Committee about the state of the U.S. economy. Mr. Greenspan… read more

Alan Greenspan, Chairman of the Federal Reserve Board, spoke to members of the Senate Banking Committee about the state of the U.S. economy. Mr. Greenspan predicted the economy would “strengthen moderately” but unemployment would remain above 7 percent until 1993. He warned against fiscal manipulations and advocated a reduction in the capital gains tax rate to boost investment. Members of the committee expressed their skepticism of Mr. Greenspan’s testimony, citing his incorrect January 1992 predictions. close

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Federal Reserve Report on Economy

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Program ID:
27270-1
Category:
Senate Committee
Format:
Senate Committee
Location:
Washington, District of Columbia, United States
First Aired:
Jul 21, 1992 | 10:03am EDT | C-SPAN 1
Last Aired:
Jul 25, 1992 | 12:36pm EDT | C-SPAN 2

Airing Details

  • Jul 21, 1992 | 10:03am EDT | C-SPAN 1
  • Jul 22, 1992 | 12:12am EDT | C-SPAN 1
  • Jul 22, 1992 | 4:05am EDT | C-SPAN 2
  • Jul 25, 1992 | 12:36pm EDT | C-SPAN 2
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Federal Reserve Report on Economy

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