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Fox News: Fed Transcripts Reveal Deflation Concerns in 2002

Started by riky, April 11, 2008, 05:50:35 PM

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riky

Fed Transcripts Reveal Deflation Concerns in 2002
     


A just-released transcript shows the Federal Reserve, led by then Chairman Alan Greenspan, was worried about deflation when it decided to cut a key interest rate by a half point in November 2002.<img src="You are not allowed to view links. Register or Login" height="1" width="1"/><img src="You are not allowed to view links. Register or Login" height="1" width="1"/>
     

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