WSJ: Powell Aims to Replicate Greenspan's Masterpiece of the 90

Bitget2024/09/20 01:14

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The Wall Street Journal commented that Powell's 50 basis point rate cut aims to replicate the masterpiece of former Federal Reserve Chairman Greenspan in the 1990s. The rate cut in 1995 laid the foundation for a soft landing of the U.S. economy and prosperity at the end of the decade.

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WSJ: Powell Aims to Replicate Greenspan's Masterpiece of the 90

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