The practice of lowering the federal funds rate, the interest rate used by banks to lend funds to each other, in order to mitigate a financial crisis by increasing market liquidity. This practice was originated by former Federal Reserve Chairman Alan Greenspan in response to the stock market crash of 1987.
Related information about Greenspan put:
- Greenspan put - Wikipedia, the free encyclopedia
The "Greenspan Put" refers to the monetary policy approach that Alan Greenspan , the former Chairman of the United States Federal Reserve Board, and other ...
- Greenspan Put Definition | Investopedia
A description of the perceived attempt of then-chairman of the Federal Reserve Board, Alan Greenspan, of propping up the securities markets by lowering ...
- What is a Greenspan put?
Only five months into his tenure as Federal Reserve Chairman, Alan Greenspan faced his first crisis: the October 1987 stock market crash. In a move.
- Don't you miss the Greenspan put? - The Economist
Aug 11, 2011 ... FOR most of the post-war period, macroeconomic stabilisation policy was an endogenous driver of stocks. If the market fell enough, investors ...
- Black Monday and the Greenspan put: James Saft | Reuters
Oct 19, 2012 ... (Reuters) - The big milestone this week is not the 25th anniversary of the Black Monday crash but falls a day later when we mark the far darker ...
- Greenspan Put - Financial Dictionary - The Free Dictionary
A term coined in the late 1990s describing Federal Reserve chairman Alan Greenspan's loose monetary policy. Throughout this period, Greenspan and the Fed ...
- Greenspan Put, aka “Be Nice to Banks”, Trumped Recognition of ...
Jan 14, 2011 ... Greenspan Put, aka “Be Nice to Banks”, Trumped Recognition of .... The cost of artificially increasing asset prices, and Greenspan's put in ...
- Moral Hazard and the US Stock Market - Institute for International ...
'insurance'—referred to as the Greenspan put—is consistent with the observation ... Keywords: Asset bubble, Monetary policy, Greenspan put, Risk premium.