How Greenspan gave Stevens a master class

According to this article, published Tuesday 8 August by The Australian, the elevation of Glenn Stevens to governor of the Reserve Bank of Australia barely raised a ripple on Wall Street.

But one point of interest was that Stevens spent 1990 as a visiting scholar at the Federal Reserve in San Francisco, it says.

"As Michael Maiello of Forbes magazine pointed out, this coincided with the start of a recession and a White House falling-out with then Fed chairman Alan Greenspan which ultimately cost

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