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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NEW YORK Investors were unmoved by the Federal Reserve chairman Alan Greenspan&#39;s improved assessment of the economy or by a steep drop in oil prices, leaving stocks marginally mixed Wednesday in light trading.
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U.S. stocks slipped on Wednesday as  Federal Reserve Chairman Alan Greenspan, speaking before  Congress about the health of the economy, did little to quell  expectations for a rate hike later this month.
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U.S. stocks slipped on Wednesday as Federal Reserve Chairman Alan Greenspan, speaking before Congress about the health of the economy, did little to quell expectations for a rate hike later this month.
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The steep run-up in oil prices in recent years has not triggered either high inflation or recession, in large part because consumers and businesses expect price increases to remain tame, Federal Reserve Chairman Ben S. Bernanke said today.
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The record level of debt being carried by American households and soaring home prices do not appear to represent serious threats to the U.S. economy, Federal Reserve Chairman Alan Greenspan said Tuesday.
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US central bank chief Alan Greenspan says the economy is emerging from a summer lull despite soaring oil prices.
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THE sharemarket should take heart from US Federal Reserve chairman Alan Greenspan&#39;s comment that sky-high oil prices won&#39;t harm the US economy - as long as they don&#39;t go any higher.
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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 was likely to cement expectations that the central bank will raise interest rates for a third time when Fed policy-makers meet in two weeks...
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The impact of the current surgein oil prices, though noticeable, is likely to prove less consequential to economic growth and inflation than in the 1970s, US Federal Reserve Chairman Alan Greenspan said Friday.
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With record-breaking oil prices nearing $55 a barrel, just about everyone last week was worrying about them -- everyone, that is, except Fed Chairman Alan Greenspan.
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High oil prices do not mean a rerun of the damage caused by the "oil shocks" of the 1970s, Fed chief Alan Greenspan says.
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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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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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Federal Reserve Chairman Alan Greenspan spoke to the G-20 conference in Frankfurt, Germany today, and he didn&#39;t have too many nice things to say about the US dollar.
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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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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.