Isbn: 9780243013371 - the federal reserve president's views on monetary policy and economic conditions: hearing before the committee on banking, housing, and urban affairs, ... on the twelve federal reserve bank pres (3 Ergebnisse)

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Paperback. Zustand: New. Print on Demand. This book presents the reader with a unique opportunity to better understand the economic conditions the United States faced in 1993. Compiled from testimony given to Congress by the twelve Federal Reserve Bank presidents, the author presents diverse perspectives on monetary policy and the economic conditions of the individual regions, which gave rise to these various positions. Taken as a composite, the book allows the reader to see the variation in economic conditions around the nation in 1993 and the challenges faced by those in charge of setting policy to guide the country out of a recession. They grappled with the balance between stimulating growth and keeping inflation at bay, while wrestling with the specific economic demons that haunted each region of the country from the lingering effects of the previous recessions, defense industry cutbacks, a sluggish real estate market, and the savings and loan crisis. The insights gleaned from the region-specific data and informed opinions in this book will greatly benefit anyone interested in economic policy and its effects on the nation. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…