Greenspan: U.S. recession not 'probable'
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Former U.S. Federal Reserve Chairman Alan Greenspan told a Tokyo seminar on Thursday that he does not think economic slowdown in his country is "probable," toning down his earlier warning over a recession later this year.
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TOKYO -- Former US Federal Reserve chairman Alan Greenspan said yesterday that he didn't think an economic downturn in his country was "probable," toning down his earlier warning over a recession later this year.
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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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Former U.S. Federal Reserve Chairman Alan Greenspan said on Wednesday he feared a "dramatic contraction" in Chinese stocks but said the global economy may be able to shrug off a drop in asset prices.
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HONG KONG -- Former U.S. Federal Reserve Chairman Alan Greenspan warned Monday that the American economy might slip into recession by year's end.
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Former Federal Reserve Chairman Alan Greenspan said on Monday the United States appears set to weather the bursting of a housing bubble without falling into recession.
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Problems in the U.S. subprime mortgage market are unlikely to push the U.S. economy into a recession over the next 12 months, the top economist for a leading U.S. business group said on Tuesday.
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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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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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The probability of the U.S. economy  sliding into a recession is now over 50 percent, but it is not  a sure thing, National Bureau of Economic Research President  Martin Feldstein said on Thursday.
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NEW YORK, September 8 (New Ratings) - The Federal Reserve Chairman, Alan Greenspan, reportedly said today that the US economy has regained its foothold, following a downturn during the summer months due to the soaring oil prices.
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Former Federal Reserve Chairman Alan Greenspan said in an interview published on Sunday that the U.S. housing slump is likely to deepen more than many analysts expect, recording as much as a double-digit drop.
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While the U.S. economy is at some risk of a slowdown, it will probably avoid a recession, and any downturn is unlikely to be severe, Dallas Fed President Richard Fisher said on Thursday.
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Former Federal Reserve Chairman Alan Greenspan says the odds the U.S. will fall into a recession are "clearly rising" and he believes economic growth is "getting close to stall speed."
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Record oil prices are unlikely to inflict the economic pain they did in the 1970s, Federal Reserve Chairman Alan Greenspan said on Friday, adding that he thought the world could adjust to higher-priced oil.
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&quot;The economy is doing reasonably well,&quot; says Fed chief Alan Greenspan. &quot;Despite the rise in oil prices through mid-August, inflation and inflation expectations have eased in recent months.
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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.