Greenspan Transformed The Fed, Cemented Data Driven Policy

Greenspan Transformed The Fed, Cemented Data Driven Policy
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Greenspan Transformed The Fed, Cemented Data Driven Policy

Alan Greenspan rewired the Federal Reserve in ways that a lot of people still feel today. He arrived in 1987 with a reputation for market smarts and left a legacy of expanded tools, deeper reach, and a hard-to-reverse tilt toward intervention. This piece looks at how that evolution happened and why it matters for the...