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Article: The Atlanta Journal and Constitution Business Press Column.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- March 27, 2001
CopyrightCOPYRIGHT 2001 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Tom Walker, The Atlanta Journal and Constitution Knight Ridder/Tribune Business News
Mar. 27--GREENSPAN PUT ON THE SPOT AGAIN: Is Federal Reserve Chairman Alan Greenspan fighting the latest economic war with the last war's weapons? Business Week (April 2) suggests that he is in its cover story.
"All of Greenspan's training and experience have taught him how to cope with conventional downturns," says the magazine. "So far, he's dealing with this one in the conventional manner -- by cutting short-term interest rates in quick but measured steps. That may well prove to be the right course."
But Business Week says there's a risk that this ...