Source:
Federal Reserve Bulletin. May, 1997, Vol. 83 Issue 5, p371, 3 p.
Publication Date:
1997-05-01
Abstract
Abstract:
Alan Greenspan, Chairman of the Board of Governors of the Federal Reserve System, believes Congress should work to encourage continued sustainable economic growth as well as controlled inflation and price stability. Continued economic growth and fiscal well-being of the nation depend on stable macroeconomic conditions. The consumer price index must be revised to eliminate biases and give economists a better way to analyze the economy.
