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Fed Speak

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Fed Speak
Informal term for the statements made by former Federal Reserve Chairman Alan Greenspan. Greenspan was known to make long, vague statements on future changes in Federal Reserve policy; it was speculated he did so on purpose to prevent overreactions to his statements in the stock market. Analysts spent a great deal of time and energy trying to decipher Fed Speak. Some even analyzed (only half-jokingly) what Greenspan would say in his reports to Congress by judging the size of his briefcase.


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The Fed's policy statements since June when the Fed left rates at 2%, and subsequent Fed speak, have suggested policymakers as well are hesitant to knock rate down any further.
The Association for Corporate Growth (ACG) Orange County Chapter's Academy Program will offer a unique insider's view of the impact of the Federal Reserve Bank's policies and recent actions on the local business economy and long-term outlook in "The Fed Speaks," featuring Fed Senior Economist Gary Zimmerman.
1:26 PM The Fed Speaks Trading is mixed this afternoon as investors sift through the latest comments made by a pair of Federal Reserve members.
 
 
 
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