Jinshi Data, September 20th: The Wall Street Journal commented on Powell's 50 BP rate cut: The Fed's goal is to repeat the masterpiece of former Fed Chairman Greenspan in the 1990s. The rate cut in 1995 laid the foundation for the subsequent soft landing of the U.S. economy and the prosperity of the late 1990s.
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Wall Street Journal: Powell aims to replicate Greenspan's masterpiece in the 1990s
Jinshi Data, September 20th: The Wall Street Journal commented on Powell's 50 BP rate cut: The Fed's goal is to repeat the masterpiece of former Fed Chairman Greenspan in the 1990s. The rate cut in 1995 laid the foundation for the subsequent soft landing of the U.S. economy and the prosperity of the late 1990s.