Sunday, Jun 15, 2008
Former U.S. Federal Reserve Chairman Alan Greenspan said on Friday the Fed will have to tighten monetary policy to put a brake on inflation, adding that the worst of the credit crisis may have passed.
reuters: Greenspan sees Fed getting tough on inflation
Growing price pressures have led the U.S. central bank to recently shift to more aggressive anti-inflation rhetoric, and expectations are rising that policymakers will raise benchmark U.S. interest rates within months.
Posted by big chris @ 09:42 PM (79 views) Add Comment
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