Greenspan on risk and uncertainty in mon policy

- Central Banking staff
- 05 Jan 2004

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

In a speech on 'Risk and Uncertainty in Monetary Policy' given on 3 January Alan Greenspan of the Federal Reserve said making monetary policy is an "especially humbling" activity. He defended himself against a criticism of his tenure, saying policy-makers would have damaged the economy in the late 1990s had they tried to burst the asset price bubble which existed at the time.

Greenspan told the American Economic Association's annual meeting in San Diego "The notion that a well-timed incremental

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact info@centralbanking.com to find out more.

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com