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.