Quote of the week: Alan Greenspan says Fed not independent

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Quote of the week: Alan Greenspan says Fed not independent

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Quote of the week: Alan Greenspan says Fed not independent

Published by kidmercuryblog
09-19-2007

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Quote of the week: Alan Greenspan says Fed not independent

Critics say the Fed should have tried harder [in 2004-2005], raising rates sooner and faster. Mr Greenspan counters that that would not have been acceptable "to the political establishment" given the very low rate of inflation. ...

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