Greenspan Decoded.
"Federal Reserve Chairman Alan Greenspan has removed any ambiguity about how the central bank intends to go about raising interest rates to remove some of the monetary stimulus that has solidified the U.S. economic expansion.
.. the Fed will raise its target for overnight interest rates by 25 basis points at the end of a June 29-30 meeting, and that Greenspan's current intention is to proceed from there at a ``measured'' pace in increasing rates .. ".
"Greenspan Removes Any Doubt About Rate Increase" -- John Berry.
Posted by Greg Ransom
