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't, and the debate is heating up ahead of the  coming retirement of Chairman Alan Greenspan.
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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 Chairman Alan Greenspan yesterday urged policy-makers to consider reducing future Social Security and Medicare benefits, saying the nation probably has promised more to upcoming retirees than the economy realistically can deliver.
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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 : US Federal Reserve policymakers, widely expected to hike interest rates, struggled to find words to reassure financial markets that the economy is strong enough to withstand the higher rates.
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A year and a half after leaving the Federal Reserve, Alan Greenspan is back in the limelight with the release of his memoirs just as the economy is at a crossroads and ahead of a critical Fed meeting.
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Wall Street stocks were set for a better start on Tuesday, and investors were waiting to hear the latest thoughts from Ben Bernanke, the Federal Reserve chairman.
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Alan Greenspan, Federal Reserve chairman, argued with leading real estate analysts who concern that potential buyers have become victims in a speculative property bubble that Federal Reserve is partly in charge for such situation.
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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.
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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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U.S. Federal Reserve Chairman Alan Greenspan, left, and the President of the European Central Bank, Jean-Claude Trichet, talk at the summit.
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U.S. Federal Reserve policy-makers  meeting for a second day on Thursday look set to hold borrowing  costs steady as they monitor risks that U.S. inflation could  rekindle and that economic growth may stall.
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Possible differences on Federal Reserve monetary policy emerged on Tuesday when two regional Fed presidents downplayed the risk of inflation while a third urged greater vigilance against rising prices.
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U.S. Federal Reserve policy-makers  were unsure how much more they would need to raise interest  rates, if at all, after a May 10 meeting, according to minutes  of that gathering released on Wednesday.
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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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Wall Street's wait is up: the Federal Reserve meets this week to decide what to do about interest rates.
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Speaker Nancy Pelosi met on Monday with the Federal Reserve chairman to discuss potential action by Congress, the White House and the central bank to jump-start the economy.