The Wall Street Journal: Powell aims to replicate Greenspan's masterpiece in the 1990s

JIN10
2024.09.20 00:08
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The Wall Street Journal evaluates Powell's 50 basis point rate cut: The Fed's goal is to replicate the masterpiece of former Fed Chairman Greenspan in the 1990s. The rate cut in 1995 laid the foundation for the subsequent soft landing of the US economy and the prosperity at the end of the 1990s

Jinshi Data, September 20th news: The Wall Street Journal evaluates Powell's 50 basis point rate cut: The Fed's goal is to replicate the masterpiece of former Fed Chairman Greenspan in the 1990s. The rate cut in 1995 laid the foundation for the subsequent soft landing of the U.S. economy and the prosperity at the end of the 1990s