WASHINGTON, June 15 (Reuters) - Federal Reserve Chairman Alan Greenspan on Tuesday said Fed policy-makers expect to change the current easy monetary policy at only a "measured" pace.
"Our general view is that inflationary pressures are not likely to be a serious concern in the period ahead, and therefore we concluded in our policy statements that the removal of an increasingly unnecessary degree of accommodation in monetary policy is very likely to be measured over the quarters ahead," Greenspan told the Senate Banking Committee. ((Reporting by Jonathan Nicholson, editing by Neil Stempleman; Reuters messaging: [email protected]; 202-898-8395))
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