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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Former Federal Reserve chairman Alan Greenspan was quoted as seeing a "one-third probability" of recession in the United States this year, according to an interview with Bloomberg.
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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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When Alan Greenspan speaks, the markets listen. The 78-year-old chairman of the Federal Reserve Board has had dealers hanging on his every utterance for 17 years, ever since he took the job during the closing months of Ronald Reaganâs presidency.
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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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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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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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Former Federal Reserve chairman Alan  Greenspan was quoted as seeing a "one-third probability" of  recession in the United States this year, according to an  interview with Bloomberg.
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A popular investment strategy where investors borrow cheaply in yen to buy higher-yielding assets elsewhere can only continue for so long, former Federal Reserve Chairman Alan Greenspan said on Wednesday.
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US Federal Reserve (Fed) Chairman Alan Greenspan on Friday called for prompt action to reform the US retirement system which is promising more benefits than it can actually provide.
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FRANKFURT: Investorsâ appetite for US assets will eventually dwindle and the United States must reduce its budget deficit to prevent major economic damage, Federal Reserve Chairman Alan Greenspan has said, in remarks that hit the dollar hard.
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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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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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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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Investors' appetite for U.S. assets will eventually dwindle and the United States must reduce its budget deficit to prevent major economic damage, Federal Reserve Chairman Alan Greenspan said on Friday, in remarks that hit the dollar hard.
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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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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.