Age to strain US finances-Greenspan
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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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US Federal Reserve chairman Alan Greenspan said the United States' huge current account deficit cannot be indefinitely financed by foreign countries and investors.
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The US banking system is strong, having weathered a recession, large corporate bankruptcies and competition from other financial institutions, Federal Reserve Chairman Alan Greenspan said Tuesday.
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Don&#39;t sweat the debt: Along with benign inflation and rising home prices, Alan Greenspan says personal debt is no threat to the US economy.
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Former Federal Reserve Chairman Alan  Greenspan said in an interview published on Monday the Fed  would have to raise interest rates to double-digit levels in  coming years to thwart inflation.
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THE WARNING: Federal Reserve Chairman Alan Greenspan cautioned that swollen trade deficits eventually could threaten the economy by souring foreign appetites for investment in the United States.
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Risks of a recession have increased, but the Federal Reserve must be cautious in supporting the economy because global forces that have kept inflation in check are receding, former Fed Chairman Alan Greenspan said on Monday.
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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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The likelihood of the United States slipping into recession is at least 50 percent, former Federal Reserve Chairman Alan Greenspan was quoted as saying on Wednesday, in an interview with a German newspaper.
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WASHINGTON, DC - US Federal Reserve chairman Alan Greenspan on Tuesday downplayed concerns over the record levels of debt being carried by American households.
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Record oil prices have taken a  "noticeable" toll on the U.S. economy but are not likely to  inflict the same level of pain as in the 1970s, Federal Reserve  Chairman Alan Greenspan said on Friday.
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During the 18 1/2 years Alan Greenspan was chairman of the Federal Reserve, he scrupulously avoided forecasting recessions. Now it seems he can't stop using the R word, and that has created headaches for his successor, Ben Bernanke.
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Federal Reserve Chairman Alan Greenspan on Friday urged Washington policymakers to consider reducing future Social Security and Medicare benefits, saying that
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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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Former Federal Reserve Chairman Alan Greenspan was quoted as saying on Thursday that a recession in the United States is possible, though not probable this year as inventory problems in the economy are being addressed quickly, Bloomberg reported.
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Federal Reserve chief Alan Greenspan says the US trade deficit cannot be sustained indefinitely.
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JACKSON HOLE, Wyo.  - An aging U.S. population  will strain public finances and hurt the economy without swift  fixes to the social safety net, such as raising the age for  full retirement benefits, Federal Reserve Chairman Alan  Greenspan said on Friday.