When it was the summer of 2005, a conundrum was by a person named Alan Greenspan. Though there was history of increasing short term rates, economic strength, and inflationary pressures, long-term rates hadn't grown whatsoever. If long term rates remained low, economic activity would probably strengthen and create further inflationary pressures.
If some new force had declining long term interest rates, yet, its removal could trigger a disconcertingly sudden increase in rates. Either way, Greenspan would have to get to the bottom of this puzzlement.
PUBLICATION DATE: March 16, 2006 PRODUCT #: UV0997-PDF-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION
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