TITLE

He's Halfway There

AUTHOR(S)
Forbes, Steve
PUB. DATE
November 2005
SOURCE
Forbes Asia;11/28/2005, Vol. 1 Issue 8, p11
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The article presents facts and comments on the possibility that incoming U.S. Federal Reserve chairman Ben Bernanke may establish transparent guidelines and targets for the conduct of monetary policy. His predecessor Alan Greenspan has relied only on his gut and not on reliable instruments in managing the Federal Reserve. During the late 1990s, Greenspan's monetary policy has negatively affected commodities. Bernanke seems to favor a more formal and less idiosyncratic approach. The author anticipates how Bernanke will perform as chairman.
ACCESSION #
20957295

 

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