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The monetary minuet.

Authors :
Church, George J.
Fowler, Deborah
Source :
TIME Magazine; 2/12/1996, Vol. 147 Issue 7, p53, 1p, 3 Color Photographs, 3 Graphs
Publication Year :
1996

Abstract

Comments on the Federal Reserve Board's decision to reduce the federal funds rate and the discount rate by a quarter-point each in February 1996. The move intended to stimulate the lackluster economy and ward off recession; The importance of a strong economy on the political futures of President Bill Clinton and Reserve Board chairman Alan Greenspan; Clinton's impotence when it comes to pumping up the economy.

Details

Language :
English
ISSN :
0040781X
Volume :
147
Issue :
7
Database :
Complementary Index
Journal :
TIME Magazine
Publication Type :
Periodical
Accession number :
9602067776