A Bombing Pause In The War Against Inflation?

When Alan Greenspan emerged from the Oval Office on Feb. 22, the normally poker-faced Federal Reserve chairman was grinning ear to ear. And why not? President Clinton had just nominated him to a new term and filled two other Fed vacancies with low-key moderates who had Greenspan's blessing. So the Fed chief will have carte blanche over the next four years to pursue his long-cherished goal of zero inflation. Right?

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