Testimony of the Fed Chairman Alan Greenspan

TESTIMONY - Testimony of Federal Reserve Board Chairman Alan Greenspan, before the Joint Economic Committee, U.S. Congress, 17 October.

Monetary policy and economic outlook

I appreciate this opportunity to appear before the Committee to discuss recent developments in the United States economy. Despite the tragic events of September 11, the foundations of our free society remain sound, and I am confident that we will recover and prosper as we have in the past.

But before the recovery process get