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THE KINDEST CUT OF ALL

机译:一切皆有可能

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No policymaker has studied the New Economy's contours more closely than Alan Greenspan. The Federal Reserve chairman was among the first to proselytize about the growth payoff of the technological revolution. So it's no surprise that Greenspan has swiftly swung into action now that a rocket-propelled tech boom has given way to a steep tech dive that risks dragging down the economy. On Jan. 3, smack in the middle of George W. Bush's carefully orchestrated economic summit in Austin, Greenspan stunned the President-elect and the markets with an atypically as-rnsertive move. Without waiting for a scheduled policy meeting, Greenspan's Fed slashed interest rates by 50 basis points and signaled that more cuts were in the offing.
机译:没有任何一个决策者比艾伦·格林斯潘更深入地研究新经济的轮廓。美联储(Fed)主席是最早宣扬技术革命的增长回报的人之一。因此,毫不奇怪的是,格林斯潘迅速采取行动,因为火箭推动的技术热潮已被急剧的技术俯冲所取代,这有可能拖累经济。 1月3日,格林斯潘(George W. Bush)在奥斯汀精心策划的经济峰会中间打了些ack,格林斯潘以非典型的举动震惊了当选总统和市场。格林斯潘的联储无需等待预定的政策会议,就将利率下调了50个基点,并表示即将进行更多的降息。

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