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The United States is likely to see 10-percent unemployment levels "for a while," former U.S...However, speaking on the ABC program "This Week," Greenspan also said the U.S. economy is approaching a time when continuing job losses would end. "I think we're...
Tags: Alan Greenspan, Greenspan Foresees, Former Federal Reserve, unemployment rate, U.S, reserve chairman, chairman alan, greenspan predicts, ABC, jobless rate, Washington
Former Federal Reserve Chairman Alan Greenspan is fighting back against claims that his agency and his tenure as its chief caused the housing bubble that is partly blamed for the economy's descent into a recession. Greenspan, in an opinion piece published...
Tags: US Federal Reserve, Alan Greenspan, housing bubble, reserve chairman, chairman alan, wall street, street journal
Former Federal Reserve Chairman Alan Greenspan says there is no doubt the U.S. and world economy is in a very severe recession and that U.S. gross domestic product will decline significantly in the fourth quarter. Greenspan says the U.S. and world economy...
Tags: Alan Greenspan, Mr. Greenspan, U.S. Federal Reserve, domestic product, gross domestic, fourth quarter, decline significantly, Toronto, chairman alan, reserve chairman
The leaders will discuss progress in addressing the crisis, analyze its underlying causes, set principles for reforms and instruct working groups to begin developing recommendations for those solutions, White House spokeswoman Dana Perino said. "I don't...
Tags: Alan Greenspan, credit tsunami, century credit, reserve chairman, financial crisis, chairman alan, Congress, Former Federal Reserve, House of Representatives Committee, Jose Barroso
The former chairman of the Federal Reserve said: “I still believe there is a greater than 50 per cent probability of recession.” But, he said, “that probability has receded a little and I think the probability of a severe recession has come down markedly”.
Tags: recession, Alan Greenspan, The Financial Times, severe recession, reserve chairman, Federal Reserve, percent probability, chairman alan