Business, 27.04.2021 19:50 huwoman

An article in the New York Times in 1993 stated the following about Fed Chairman Alan Greenspan's decision to no longer announce targets for the money: "Since the late 1970's, the Federal Reserve has made many of its most important decisions by setting a specific target for growth in the money supply ... and often adjusted interest rates to meet them." Source: Steven Greenhouse, "Fed Abandons Policy Tied to Money Supply," New York Times, July 23, 1993. If the Fed would no longer have a specific target for the money supply, it would be targeting the

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An article in the New York Times in 1993 stated the following about Fed Chairman Alan Greenspan's d...

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