UPDATE 2-Greenspan-Aging US population to strain finances
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An aging US population will strain public finances and hurt the economy without swift fixes to the social safety net, such as raising the age for
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The outlook for the US economy in the coming quarters is favourable despite a continued fall in personal savings, US Federal Reserve Chairman Alan Greenspan was quoted as saying on Saturday.
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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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Federal Reserve Chairman Alan Greenspan warned Friday that the nation faces &quot;abrupt and painful&quot; choices if policy-makers don&#39;t act soon to head off looming insolvencies in Medicare and Social Security.
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Former Federal Reserve chairman Alan Greenspan compares the current financial market turbulence to prior crises that have engulfed stock markets and the US economy.
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NEW YORK, August 27 (New Ratings) - Federal Reserve Chairman, Alan Greenspan, has reportedly called for immediate initiatives for adjustments to the US pension benefits system.
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Fed chief says quick fix for social safety net programs vital to avoid more painful steps later. JACKSON HOLE, Wyo.  - Rising pressure on US finances from an aging population make it vital to quickly
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The chairman of the Federal Reserve, Alan Greenspan, warned today that the Federal government might have to scale back promises to the elderly in programs like Social Security and Medicare.
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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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Former Federal Reserve chairman Alan Greenspan warned yesterday that the US economy might slip into recession by year's end.
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Federal Reserve Chairman Alan Greenspan said Friday that the country will face "abrupt and painful" choices if Congress does not move quickly to trim the Social Security and Medicare benefits that have been promised to the baby boom generation.
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By Malcolm Moore, Economics Correspondent (Filed: 28/08/2004). The US may not be able to fund its pensions and healthcare commitments, and must make changes soon, Alan Greenspan, chairman of the Federal Reserve, warned yesterday.
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Rising pressure on US 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
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JACKSON HOLE, Wyo. (CNNfn) - The US government must not promise benefits to aging baby boomers that it cannot afford, because that could mean painful future adjustments to taxes and spending, according to Federal Reserve chairman Alan Greenspan.
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Older investors are facing tough economic realities as a result of the disappointing United States stock market this year.
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NEW YORK, October 20  - The US Federal Reserve Chairman, Alan Greenspan, does not expect the record high consumer debts and rising home prices to emerge as serious sustained threats to the US economy.
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TOKYO -- Former U.S. Federal Reserve Chairman Alan Greenspan told a Tokyo seminar on Thursday that he does not think economic slowdown in his country is "probable," toning down his earlier warning over a recession later this year.