释义 |
Fed Speak Fed SpeakInformal 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. |