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WSJ: Powell Aims to Recreate Greenspan's Masterpiece of the 1990s

2024-09-20 08:51:05

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ChainCatcher message, The Wall Street Journal reviews Powell's 50 basis point rate cut, stating that the Federal Reserve's goal is to replicate the masterpiece of former Fed Chairman Greenspan in the 1990s, where the rate cut in 1995 laid the foundation for the subsequent soft landing of the U.S. economy and the prosperity of the late 1990s.

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Powell Greenspan Federal Reserve

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