What, Me Worry?

greenspan_testifies.jpg
Greenspan testifies before Congress on interest rates
Inflation Doesn't Worry Greenspan
Fed Chairman Says Threat Is in Check -- for Now -- and Interest Rates Can Be Raised Gradually
By Nell Henderson
Washington Post Staff Writer
Wednesday, June 16, 2004; Page E01

Federal Reserve Chairman Alan Greenspan yesterday played down inflation concerns after a government report showed consumer prices rose in May at the fastest monthly rate in more than three years.

Posted by Prometheus 6 on June 16, 2004 - 7:15am :: Economics