Fed Debates Policy for Post-Greenspan Era
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Battle lines are drawn at the Federal Reserve between those who favor formal inflation goals and those who don&#39;t, and the debate is heating up ahead of the coming retirement of Chairman Alan Greenspan.
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WASHINGTON -- As President Bush puts together his second-term Cabinet, the financial world's attention is on a job vacancy 14 months away. The question is who will succeed Federal Reserve chairman Alan Greenspan, now in his 18th year in the job.
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Former Federal Reserve Chairman Alan Greenspan said his successors at the U.S. central bank should be cautious about cutting interest rates because of inflation risks, and he forecast home prices will drop further, according to interviews published on Sunday.
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Federal Reserve policymakers sit down  on Tuesday for what might be one of their most difficult  interest rate decisions in years.
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WASHINGTON - Going against conventional wisdom, the Federal Reserve is raising interest rates in an election year. And it is Fed Chairman Alan Greenspan, a Republican, who is leading the charge even though an incumbent Republican in the White House is facing voter unrest about the state of the economy...
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Transcript of last Fed meeting show bankers acknowledging that they might have to change .
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Wall Street's wait is up: the Federal Reserve meets this week to decide what to do about interest rates.
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Wary financial markets will listen for any hint from Federal Reserve Chairman Alan Greenspan on Wednesday that a pause in interest-rate rises may be near while lawmakers try to enlist him in the struggle over Social Security reform.
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U.S. markets will need a fresh dose of merger activity and a clear signal from Federal Reserve Chairman Alan Greenspan about the strength of the economy and the pace of future interest rate increases to clock gains this week.
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WASHINGTON -- The Federal Reserve's policy-setting panel spent part of its September gathering discussing the implications of the massive US trade gap, according to minutes of the meeting that were disclosed yesterday.
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Former Federal Reserve chief Alan Greenspan said on Monday there is an increased risk of a recession but cautioned that the Fed must still be on guard for a rise in inflation.
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Federal Reserve chairman Alan Greenspan told Congress yesterday that the economy has ''regained some traction&quot; after a lull in late spring, reinforcing expectations of higher interest rates when the presidential campaign enters its final stretch.
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Federal Reserve chairman Alan Greenspan will hog the limelight in financial markets this week as investors seek clues on how quickly U.S. interest rates will rise as soaring oil prices start to affect economic activity.
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House Speaker Nancy Pelosi and Fed chief Ben Bernanke met Monday to discuss how Congress might act to stimulate the slowing economy.
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Prompt action is needed to fund pensions for the ageing US population, the head of Federal Reserve has said. Alan Greenspan told a Fed-sponsored symposium that workers face the prospect of either higher taxes or a raised retirement age.
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Federal Reserve Chairman Alan  Greenspan will testify on the U.S. central bank's semiannual  report on monetary policy Feb. 16 before the Senate Banking  Committee, the panel said on Friday.
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Federal Reserve policy makers at their Sept. 21 meeting considered the case for pausing a series of &quot;measured&quot; rate increases this year if economic data weaken, minutes of the gathering show.