Alan Greenspan Steep Quotations

Changes in consumer confidence will require close scrutiny in the period ahead, especially after the steep falloff of recent months,

... the flexibility of our market-driven economy has allowed us, thus far, to weather reasonably well the steep rise in spot and futures prices for crude oil and natural gas that we have experienced over the past two years,

weathered reasonably well the steep rise in spot and futures prices for oil and natural gas.