Greenspan warns on ageing threat
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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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Swollen trade deficits eventually could threaten the economy by souring foreign appetites to invest in the United States, Federal Reserve Chairman Alan Greenspan warned Friday. The dollar, already sliding, took another nosedive after his remarks.
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The odds of a recession in the United  States are "clearly rising" due to the slowing rate of economic  growth, former Federal Reserve Chairman Alan Greenspan said in  an interview with National Public Radio.
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Fed chairman Alan Greenspan says the US economy is continuing to grow, but  warns about inflation and the budget deficit.
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Former Federal Reserve Chairman Alan  Greenspan warns in his memoir that if the Fed is to keep the  inflation rate between 1 and 2 percent in coming years it could  be required to force interest rates into double digits,  according to a report in the Wall Street Journal.
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JACKSON HOLE, Wyo.  - Rising pressure on U.S.  finances from an aging population make it vital quickly fix the  social safety net with such steps as raising the age for full  retirement benefits, Federal Reserve Chairman Alan Greenspan  said on Friday.
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Former Federal Reserve Chairman Alan Greenspan acknowledges he failed to see early on that an explosion of mortgages to people with questionable credit histories could pose a danger to the economy.
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Federal Reserve Chairman Alan Greenspan on Friday urged the federal government to reduce its budget deficit and encourage greater personal saving, warning that foreign investors
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US Federal Reserve chief Alan Greenspan has warned that the deficit in US trade with the rest of the world cannot be sustained indefinitely.
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Federal Reserve Chairman Alan  Greenspan on Friday said he was very worried Congress would try  to thwart efforts by the Financial Accounting Standards Board  to require expensing of stock options.
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Current financial turmoil is similar to that seen in earlier stock market crashes, former Federal Reserve boss Alan Greenspan warns.
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Former Federal Reserve Chairman Alan Greenspan said his successors at the U.S. central bank should act cautiously in lowering interest rates because of inflation risks, according to an interview published on Sunday.
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Rising pressure on U.S. finances from an aging population make it vital quickly fix the social safety net with such steps as raising the age for full retirement benefits, Federal Reserve Chairman Alan Greenspan said on Friday.
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Federal Reserve Chairman Alan Greenspan warned yesterday of a generational time bomb that will go off once millions of baby boommers retire and tax the Social Security and Medicare systems beyond their capacity.
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The chairman of the Federal Reserve Board, Alan Greenspan, warned that the government might have to scale back programs like Social Security and Medicare.
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JACKSON, Wyo. - Federal Reserve Chairman Alan Greenspan said Friday the country will face "abrupt and painful" choices unless Congress acts quickly to trim Social Security and Medicare benefits for the baby boom generation...
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Alan Greenspan, the chairman of the Federal Reserve, said on Friday that the long-term outlook for global oil supplies is reassuring even though anxiety about dwindling