WSJ: Powell aims to recreate Greenspan's masterpieces from the 1990s
2024-09-20 00:48:38
Wall Street journal comment on powell rate cut 50 basis point fed targetdesk3cryptocurrencydesktopCrypto News
The Wall Street Journal commented that Powell cut interest rates by 50 basis points, saying that the Federal Reserve aims to repeat the masterpiece of former Federal Reserve Chairperson Greenspan in the 1990s, and the 1995 interest rate cut laid the foundation for the subsequent soft landing of the US economy and the boom of the late 1990s.
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