in example sentence
did not come – and this is the point – before his original policies had done considerable harm.
More example sentences with word about-face
But, instead of working incrementally to create strong, targeted regulations, they performed an abrupt about-face, warning investors about risky bubbles and declaring war on margin finance.
Greenspan Hypnotizes HimselfOn the eve of the last G-7 meeting in London, US Federal Reserve Chairman Alan Greenspan did a startling
by soft-pedaling America’s trade deficit.
The results of this misguided policy proved so disastrous – financial markets seized up almost immediately – that a mere ten days after its “What, me worry?” message, the Fed made an embarrassing but necessary
and lowered the discount rate by 50 basis points.
Yet, in a shocking last-minute about-face, Obama declined to intervene.
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