Greenspan: Recession risk up
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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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A combination of  Alan Greenspan comments, state and local IT spending projections and IT CEO expectations raised questions as to how long and how serious the next recession may be.
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Former Federal Reserve chairman Alan Greenspan was quoted as seeing a "one-third probability" of recession in the United States this year, according to an interview with Bloomberg.
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An unusually high degree of risk  taking across asset classes made recent financial market  turmoil all but inevitable, former Federal Reserve Chairman  Alan Greenspan said on Sunday.
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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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The likelihood of the economy slipping into recession is at least 50 percent, former Federal Reserve Chairman Alan Greenspan was quoted on Wednesday as saying.
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Alan Greenspan, Federal Reserve chairman, said yestedray that the wave of US bank mergers since 1995 had increased the stability of the financial sector.
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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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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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Wall Street rises despite former Fed chief's 33% odds of 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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Federal Reserve Chairman Alan Greenspan said on Tuesday that better management of banking risk and new rules on capital hold the promise of a stronger banking system contributing more to economic growth.
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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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Federal Reserve Chairman Alan Greenspan told Congress on Wednesday that the economy has &quot;regained some traction&quot; after lull in late spring, reinforcing expectations of higher interest rates when the presidential campaign enters its final stretch.
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San Francisco Federal Reserve Bank President Janet Yellen said on Monday that financial turmoil had "appreciably" 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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WASHINGTON: An ageing US population will strain public finances and hurt the economy without swift fixes to the social safety net, such as raising the age for full retirement benefits, Federal Reserve Chairman Alan Greenspan said yesterday.
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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.