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The economy is healthy but not inflationary.

Source :
Forbes; 9/5/1988, Vol. 142 Issue 5, p29-29, 1p
Publication Year :
1988

Abstract

The article presents a projection on the effect of the increase in the discount rate on the economy in the U.S. It was reported that Federal Reserve Chairman Alan Greenspan has increased the discount rate to 6.5% due to fears of an upsurge in inflation. It is expected that an economic growth would precede an inflationary surge.

Details

Language :
English
ISSN :
00156914
Volume :
142
Issue :
5
Database :
Complementary Index
Journal :
Forbes
Publication Type :
Periodical
Accession number :
19104054