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Greenspan Sees Political Pressure on Fed as Inflation Quicke

Daily newsbrief journal for September 2007, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


Greenspan Sees Political Pressure on Fed as Inflation Quicke

Postby admin » Sat Jan 28, 2012 4:08 pm

Greenspan Sees Political Pressure on Fed as Inflation Quickens « Thread Started on Sept 14, 2007, 9:13pm » --------------------------------------------------------------------------------Greenspan Sees Political Pressure on Fed as Inflation Quickens By Craig Torresread at source> http://www.bloomberg.com/apps/news?pid= ... r=homeSept. 14 (Bloomberg) -- The Federal Reserve may have to double its benchmark interest rate to at least 10 percent by 2030 to stem inflation, sparking a political showdown that could challenge its independence, former Chairman Alan Greenspan said.
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