Further Evidence on Greenspan’s Conundrum
نویسندگان
چکیده
During his February 2005 congressional testimony, Alan Greenspan identified what he termed a conundrum. Despite the fact that Federal Open Market Committee (FOMC) had increased federal funds rate 150 basis points since June 2004, 10-year Treasury yield remained essentially unchanged.
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ژورنال
عنوان ژورنال: Review
سال: 2022
ISSN: ['0314-7533']
DOI: https://doi.org/10.20955/r.104.70-77