search query: @author Foust, D. / total: 7
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| Author: | Foust, D. |
| Title: | Alan Greenspan's brave new world |
| Journal: | Business Week
1997 : JUL 14, VOL. 3519:849, p. 40-43 |
| Index terms: | ECONOMICS UNEMPLOYMENT INFLATION |
| Language: | eng |
| Abstract: | By all conventional indicators, and interest-rate increase should have been a sure thing when the Federal Reserve's Open Market Committee met on May 20. As the 17 central bankers settled around the immense mahogany table in the Fed's conference room , they faced an economy growing at nearly 6% and an unemployment rate below 5% - a level that for the past quarter-century has been a near-certain signal of impending inflation. |
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