TITLE

Friendly fire from the fed

AUTHOR(S)
Meyers, William; Black, Robert F.
PUB. DATE
May 1994
SOURCE
U.S. News & World Report;5/30/94, Vol. 116 Issue 21, p46
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Discusses how Federal Reserve Chairman Alan Greenspan has launched yet another monetary missile. For the fourth time in three months, the central banker hiked short-term interest rates in an effort to control inflation. How his latest salvo could eventually end up wounding American consumers and companies--the economic equivalent of friendly fire; Greenspan's strategy; Difficulty piloting today's economy; Negative effect on home sales.
ACCESSION #
9405257590

 

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