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Re: Humphrey-Hawkins February 2000



Henry,

I'm looking at
  http://www.bog.frb.fed.us/boarddocs/hh/2000/february/fullreport.htm
and I cannot find this quote. Where are you looking?

Alan



HenryC.K.Liu wrote:

>  Humphrey-Hawkins Testimony - February 2000
>
> Highlights
>
> Greenspan: It would be imprudent, however, to presume that the business
> cycle has been purged from market economies so long as human
> expectations are subject to bouts of euphoria and disillusionment.




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