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For the 14th consecutive time, the curiosity fee of the United States Federal Reserve increased once once more. The assembly held final month noticed Alan Greenspan as the top of United States Federal Reserve for the last time after heading the Federal Reserve for 18 years. During Greenspan's tenure in the Federal Reserve, he encountered quite a few low factors within the US market historical past. His administration confronted the market crash of 1987, the market crisis of the 90's and the September 11 assaults.
