Greenspan: Economy Regaining Some Traction
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WASHINGTON - Federal Reserve Chairman Alan Greenspan said Wednesday the economy has "regained some traction" after a late spring slowdown that was triggered by a sharp spike in oil prices.    Greenspan's moderately upbeat forecast came as the nation entered the final two months of an election battle in which President Bush and Democratic challenger John Kerry have widely different views on how the economy is performing at present...
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Federal Reserve Chairman Alan Greenspan said Friday that higher oil prices have had a &quot;noticeable&quot; affect on the U.S. economy this year but are unlikely to cause serious damage unless they move significantly higher.
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Lofty oil prices may make the road ahead a little steeper, but the economy is on track to emerge from a recent soft patch intact, private-sector economists at a weekend retreat agreed.
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Not much seems to trouble Federal  Reserve Chairman Alan Greenspan these days -- not oil at more  than $50 a barrel, record levels of consumer debt, nor a  possible U.S. housing bubble.
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Alan Greenspan said that the economic expansion had "regained some traction."
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Former Federal Reserve Chairman Alan Greenspan on Thursday said the U.S. economy is "clearly on the edge" of a recession.
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Federal Reserve Chairman Alan Greenspan said on Tuesday that better management of banking risk and new rules on capital hold the promise of a stronger banking system contributing more to economic growth.
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Federal Reserve Chairman Alan Greenspan told Congress yesterday that the economy has &quot;regained some traction&quot; after a lull in late spring, reinforcing expectations of higher
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The record level of debt carried by American households and soaring home prices do not appear to represent serious threats to the US economy, Federal Reserve Chairman Alan Greenspan said Tuesday.
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The U.S. economy is pulling out of  its recent soft patch and appears to be picking up steam,  Federal Reserve chief Alan Greenspan said on Wednesday in  remarks economists saw as cementing a September rate rise.
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Investors were unmoved by Federal Reserve Chairman Alan Greenspan's improved assessment of the economy, and stocks remained mixed today in light trading.
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Satisfied that the economy is back on track, the Federal Reserve is likely to increase interest rates today, and in December as well.
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Manufacturing in the nation accelerated in August and September, supporting Federal Reserve chairman Alan Greenspan&#39;s view that the economy &quot;regained some traction.
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The U.S. banking system, having weathered a recession and the bankruptcies of several big corporations, is in very good shape, Federal Reserve Chairman Alan Greenspan said Tuesday.
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Stocks edged into positive territory on Tuesday after former Federal Reserve Chairman Alan Greenspan said that he was not worried about Chinese selling of U.S. Treasuries.
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Consumers may not notice for another month, but the Federal Reserve yesterday concluded that the that the economy &quot;appears to have regained some traction&quot; and raised its key
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(CBS/AP) Federal Reserve Chairman Alan Greenspan said Wednesday the economy has &quot;regained some traction&quot; after a late spring slowdown that was triggered by a sharp spike in oil prices.