Economy has gained &#39;some traction,&#39; Greenspan says
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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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The survey of business activity around the country, compiled from reports submitted by the Fed&#39;s 12 regional banks, depicted an economy that was moving ahead with even the hard-hit manufacturing sector beginning to regain its footing after a prolonged
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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 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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While Greenspan &amp; Co. hinted that growth could be more robust, it didn&#39;t stop the anticipated quarter-point rate increase.
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The U.S. economy is pulling out of  its recent soft patch and appears 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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Interest rates on US 30- and 15-year mortgages rose just slightly this week following a government report of more jobs in July and August and Federal Reserve testimony that the economy &quot;regained some traction,&quot; mortgage
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US Federal Reserve Board Chairman Alan Greenspan Wednesday gave a generally upbeat economic assessment to a congressional committee, saying the US economy seems over the last two months to have withstood the trauma of sharply rising energy prices.
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NEW YORK - Investors were unmoved by Federal Reserve Chairman Alan Greenspan's improved assessment of the economy, with stocks falling modestly 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 U.S. economy has come through  its recent soft patch and the Federal Reserve still has some  way to go to restore interest rates to more normal levels, Fed  officials said on Monday.
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NEW YORK - Investors were unmoved by Federal Reserve Chairman Alan Greenspan's improved assessment of the economy, and stocks remained mixed 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 U.S. economy is on track after a weak stretch and an uptick in consumer prices seems to have passed, Dallas Federal Reserve Bank President Robert McTeer said on Tuesday.
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Federal Reserve Chairman Alan Greenspan said Friday that higher oil prices have had a &quot;noticeable&quot; affect on the U.S. economy this year but are unlikely to cause serious damage unless they move significantly higher.
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The U.S. economy is pulling out of a  June soft patch and picking up steam, Federal Reserve chief  Alan Greenspan said on Wednesday in remarks economists saw as  cementing a September interest-rate rise.
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Financial markets ticked over ahead of a  key address by U.S. Federal Reserve Chairman Alan Greenspan on  Wednesday, expecting confirmation that interest rates in the  world's leading economy will go on rising at a moderate pace.
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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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Federal Reserve Chairman Alan Greenspan is expected to give the U.S. economy high marks but offer few fresh interest-rate clues when he presents the central bank's twice-yearly report to Congress this week.