Federal Reserves First Monetary Policy Report for 1996 Hearing Before the Com
Federal Reserves First Monetary Policy Report for 1996 Hearing Before the Com
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In our eReader you can find the full English version of the book. Read Federal Reserves First Monetary Policy Report for 1996 Hearing Before the Com Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Federal Reserves First Monetary Policy Report for 1996 Hearing Before the Com
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To quickly assess the difficulty of the text, read a short excerpt:
But as I shall be detailing shortly, a number of fundamentals point to an econ- omy basically on track for sustained growth, so any weakness is likely to be tem- porary. Nonetheless, the Committee decided in late January that the evidence sug- gested sufficient risk of subpar performance going forward to warrant another slight easing of the stance of monetary policy. Given the subdued trends in costs and wages, the odds that such a move would boost inflation pressures seemed low. In assessing t...he likely course of the economy and the appropriate stance of policy, one question is the significance, if any, of the age of the business expansion. Some analysts, viewing recent weakness, have observed that the expansion is approaching the start of its sixth year and is now one of the longer peacetime spans of growth in the past half century. Economic expansions, however, do not necessarily die of old age. Although the factors governing each individual business cycle are not al- ways clear, expansions usually end because serious imbalances eventually develop.
What to read after Federal Reserves First Monetary Policy Report for 1996 Hearing Before the Com?
You can find similar books in the "Read Also" column, or choose other free books by Housing United States Congress Senate Committee On Bank to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
But as I shall be detailing shortly, a number of fundamentals point to an econ- omy basically on track for sustained growth, so any weakness is likely to be tem- porary. Nonetheless, the Committee decided in late January that the evidence sug- gested sufficient risk of subpar performance going forward to warrant another slight easing of the stance of monetary policy. Given the subdued trends in costs and wages, the odds that such a move would boost inflation pressures seemed low. In assessing t...he likely course of the economy and the appropriate stance of policy, one question is the significance, if any, of the age of the business expansion. Some analysts, viewing recent weakness, have observed that the expansion is approaching the start of its sixth year and is now one of the longer peacetime spans of growth in the past half century. Economic expansions, however, do not necessarily die of old age. Although the factors governing each individual business cycle are not al- ways clear, expansions usually end because serious imbalances eventually develop.
What to read after Federal Reserves First Monetary Policy Report for 1996 Hearing Before the Com?
You can find similar books in the "Read Also" column, or choose other free books by Housing United States Congress Senate Committee On Bank to read onlineMoreLess
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