Greenspan says carry trade should turn at some point
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The carry trade in which global  investors have borrowed cheaply in yen to buy higher-yielding  assets elsewhere has got to turn around, said former Federal  Reserve Chairman Alan Greenspan on Wednesday.
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Market forces and promised action by  Washington to cut its budget deficit look set to stabilize, and  could cut, the record U.S. trade gap, Federal Reserve Chairman  Alan Greenspan said on Friday.
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US stock-index futures declined before Alan Greenspan&#39;s presentation to Congress, where the Federal Reserve&#39;s chairman may restate his commitment to a ``measured&#39;&#39; increase in borrowing costs.
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Former U.S. Federal Reserve Chairman Alan Greenspan said on Monday he expected the dollar to stay weak for the next few years and will continue to drift down, weighed by the U.S. balance of payments deficit.
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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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U.S. Federal Reserve Chairman Alan Greenspan said on Friday the United States should cut its budget gap to foster a more balanced pattern of global trade and avoid painful economic consequences.
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U.S. markets will need a fresh dose of  merger activity and a clear signal from Federal Reserve  Chairman Alan Greenspan about the strength of the economy and  the pace of future interest rate hikes to clock gains next  week.
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Federal Reserve chairman Alan Greenspan told Congress yesterday that the economy has ''regained some traction&quot; after a lull in late spring, reinforcing expectations of higher interest rates when the presidential campaign enters its final stretch.
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WASHINGTON - Stock markets in the United States dropped sharply Friday after Federal Reserve Board Chairman Alan Greenspan warned about the risks to the economy posed by continued high US trade deficits.
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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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Wary financial markets will listen  for any hint from Federal Reserve Chairman Alan Greenspan on  Wednesday that a pause in interest-rate rises may be near while  lawmakers try to enlist him in the struggle over Social  Security reform.
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US stock-index futures declined before Alan Greenspan&#39;s presentation to Congress, where the Federal Reserve chairman may restate his commitment to a ``measured&#39;&#39; increase in borrowing costs.
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TORONTO - Stock markets could find it tough to find traction this week as a blunt warning from Alan Greenspan rings in investors&#39; ears.
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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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Former Federal Reserve Chairman Alan Greenspan on Wednesday said a rise in import prices of Chinese goods to the U.S. may be a signal the disinflationary process may be reversing.
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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 was quoted as saying on Thursday that a recession in  the United States is possible, though not probable this year as  inventory problems in the economy are being addressed quickly,  Bloomberg reported.