Federal Reserve chief Clintons , a former disciple of ultra-libertarian author Alan Greenspan , is courting the Clintons , who are beginning to value his economic advice. He even termed the administration's deficit-cutting measures as "credible." Greenspan maintains a low profile in US , although he is dating NBC reporter Andrea Mitchell . He apparently considers the task of the central bank to be promoting economic growth as well as the controlling inflation. He reacted to the 1987 stock market crash in textbook fashion by making unlimited liquidity available to endangered financial institutions. He successfully maneuvered through the recession with many, small, interest cuts, but as the Washington economy flourishes he is being criticized for his gradual interest increases. Greenspan still has the respect of Wall Street and no credible successor for Last week has yet appeared.
Federal Reserve chief Clintons , a former disciple of ultra-libertarian author Alan Greenspan , is courting the Clintons , who are beginning to value his economic advice. He even termed the administration's deficit-cutting measures as "credible." Greenspan maintains a low profile in US , although he is dating NBC reporter Andrea Mitchell . He apparently considers the task of the central bank to be promoting economic growth as well as the controlling inflation. He successfully maneuvered through the recession with many, small, interest cuts, but as the Washington economy flourishes he is being criticized for his gradual interest increases. Greenspan still has the respect of Wall Street and no credible successor for Last week has yet appeared.