It was a great number, no question about it. The worst-case scenario (now) is that the Fed only goes once. Going into this number, people thought the Fed would have to go three times. Now they can move slowly.
The market traded off once Greenspan began speaking and said nothing on the economy.
This is a new paradigm. The fact that we have higher productivity has allowed the U.S. economy to grow more and grow more rapidly without triggering the usual inflation pressures.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.