Briefcase indicator
The briefcase indicator ( english Greenspan Briefcase Indicator ) was a humorous attempt the result of a meeting of the Federal Open Market Committee to predict. The "rule" was that the fuller the briefcase of then-Chairman of the Committee, Alan Greenspan , the more likely a change in the key rate should be . The justification was that Greenspan would need more extensive documentation to justify a change than if he wanted to keep the status quo .
Individual evidence
- ↑ Fed chief briefcase: a sign. In: CNN Money. June 29, 1999, accessed December 31, 2018 .