Greenspan Not Worried About Energy Prices
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WASHINGTON - This year's oil price surge will not be a replay of the oil shocks of the 1970s and 1980s that sent the United States into a series of recessions, Federal Reserve Chairman Alan Greenspan said Friday.    Greenspan delivered a generally upbeat assessment of the economy's ability to withstand this year's spike in oil prices, but he added a significant qualifier...
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Federal Reserve Chairman Alan Greenspan said yesterday that higher oil prices have had a &quot;noticeable&quot; affect on the US economy this year but are not likely to cause serious damage unless they move significantly higher.
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NEW YORK - Investors were unmoved by Federal Reserve Chairman Alan Greenspan's improved assessment of the economy, with stocks falling narrowly Wednesday in light trading.    While Greenspan said the economy has "regained some traction" after the summer's slowdown, he echoed Wall Street's concerns over energy prices, which have fallen from record highs in recent weeks but stubbornly remain above $40 per barrel...
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The upbeat outlook from Federal Reserve Chairman Alan Greenspan has failed to convince many economists, who argue that the United States is likely to see tepid growth at best in the near future.
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The dollar traded little changed  against the euro on Wednesday as investors were cautious ahead  of Federal Reserve Chairman Alan Greenspan's two-day testimony  to Congress.
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The Federal Reserve's success in controlling inflation over the past two decades has helped prevent surging energy costs from spilling over to the broader economy and sending other prices soaring, Federal Reserve chairman Ben Bernanke said yesterday.
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US Federal Reserve (Fed) Chairman Alan Greenspan said Tuesday the record level of debt being carried by US households does not appear to represent a serious threat to the US economy.
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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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Former U.S. Federal Reserve Chairman  Alan Greenspan said on Wednesday he feared a &quot;dramatic  contraction&quot; in Chinese stocks but said the global economy may  be able to shrug off a drop in asset prices.
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The record weight of debt being carried by American households and soaring home prices do not represent serious threats to the US economy, Federal Reserve chairman Alan Greenspan said Tuesday.
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U.S. stocks dropped on Friday as  investors were jolted by a jump in oil prices and comments by  U.S. Federal Reserve Chairman Alan Greenspan, who gave a blunt  reminder that interest rates were bound to go up and warned the  appetite for U.S. assets would eventually dwindle.
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Policy-makers assured nervous investors on Friday that the United States was not heading into recession and recent stock market losses did not warrant central bank intervention.
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Gold futures were unchanged after rising yesterday when Federal Reserve Chairman Alan Greenspan eased concern the central bank will accelerate interest- rate increases, sending the dollar down against the euro.
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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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Policy-makers assured nervous  investors on Friday that the United States was not heading into  recession and stock market losses did not warrant central bank  intervention.
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U.S. Federal Reserve Chairman Alan Greenspan said on Tuesday that he did not foresee big price distortions developing in home prices and said Americans were handling their debts well.
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The surge in oil prices over the summer was not enough to derail the U.S. economy and the central bank sees no reason to pause in its interest-rate rises just yet, top Fed officials said on Thursday.