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Greenspan says no need yet to raise interest rates

Washington : DC : USA | 3 months ago  
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Greenspan says the Fed will have to rein in credit and raise rates at some point...The former Fed chief cites many caveats for his short-term optimism, among them the huge government deficit and a concern that home prices may not have stabilized enough.
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  • News Source: The independent | 3 months ago
    The US economy could grow by up to 2.5 per cent this quarter, the former Federal Reserve chairman Alan Greenspan said. His prediction yesterday was far more bullish than the 1 per cent growth expected by most economists. "The reason is there has been...
  • News Source: The Scotsman | 3 months ago
    Greenspan, the former chairman of the US Federal Reserve, has warned that the US could face a fresh wave of house price falls, which could significantly hurt consumer confidence. Greenspan said yesterday he believed that house prices had only...
  • News Source: Virginian-Pilot Online | 3 months ago
    Greenspan says the Fed will have to rein in credit and raise rates at some point...The former Fed chief cites many caveats for his short-term optimism, among them the huge government deficit and a concern that home prices may not have stabilized...
  • News Source: Channel NewsAsia | 3 months ago
    Alan Greenspan, the former chairman of the Federal Reserve, said on Sunday that the US economic crisis was not yet over but it was "getting very close" and that the broader economy has already hit bottom.
  • News Source: Associated Press | 3 months ago
    Former Federal Reserve chairman Alan Greenspan says the economic downturn is not quite over but that the end is nearing. Greenspan says that the health of the financial system has improved significantly. He says the collapse of the financial system...
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