Greenspan: Recession risk up
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Former Federal Reserve chief Alan Greenspan said on Monday there is an increased risk of a recession but cautioned that the Fed must still be on guard for a rise in inflation.
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Former Federal Reserve Chairman Alan  Greenspan on Thursday said the U.S. economy is "clearly on the  edge" of a recession.
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The odds of a recession in the United  States are "clearly rising" due to the slowing rate of economic  growth, former Federal Reserve Chairman Alan Greenspan said in  an interview with National Public Radio.
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The US Federal Reserve chairman Alan Greenspan said at a meeting of the American Bankers Association in New York on Tuesday the increasing number of bank mergers underlines new opportunity for the financial sector to recover.
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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.
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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.
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Former Federal Reserve Chairman Alan Greenspan said in an interview that aired on Thursday the Fed's decision to cut interest rates this week had lowered the risk of a U.S. recession, although chances were still above one in three.
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Former Federal Reserve chairman Alan Greenspan warned yesterday that the US economy might slip into recession by year's end.
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The U.S. economy has escaped a recent soft patch and seems to be picking up steam, Federal Reserve chief Alan Greenspan said on Wednesday in remarks economists saw as cementing a September rate rise.
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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.
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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.
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The likelihood of the United States slipping into recession is at least 50 percent, former Federal Reserve Chairman Alan Greenspan was quoted as saying on Wednesday, in an interview with a German newspaper.
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TOKYO -- 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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San Francisco Federal Reserve  Bank President Janet Yellen said on Monday that financial  turmoil had &quot;appreciably&quot; increased risks facing the U.S.  economy, but other Fed officials said it was unclear if the  economy had taken a turn for the worse.
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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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Former Federal Reserve Chairman Alan  Greenspan said the probability of a U.S. recession was now  slightly more than a third, after he earlier in the year put  the chances at one-third, The Wall Street Journal reported in  its online edition on Monday.
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Federal Reserve Chairman Alan Greenspan told Congress on Wednesday that the economy has "regained some traction" after a lull in late spring, reinforcing expectations of higher interest rates during the final stretch of the presidential campaign.