Alan Greenspan

Feldstein for the Fed?

While Harvard University economist Martin Feldstein may have the best credentials to succeed Alan Greenspan as Federal Reserve chairman, this article published on Tuesday 11 October notes that he may also have the biggest liabilities.

New Fed chief could be named in November

With the White House set to choose a successor to Federal Reserve Chairman Alan Greenspan soon, analysts have pencilled in November to mid-December as a likely time window for an announcement.

Greenspan says flexibility crucial to economy

The ability of the US to weather a surge in energy prices is the latest example of how economic flexibility helps prevent serious recessions, Federal Reserve Chairman Alan Greenspan said on Wednesday 12 October.

Fukui and Greenspan to meet in Tokyo

Bank of Japan Governor Toshihiko Fukui will hold talks with U.S. Federal Reserve Chairman Alan Greenspan on 17 October at the BOJ's head office in Tokyo, officials said.

Will a dark horse win race to succeed Greenspan?

This article published on Thursday 6 October says comments by US President Bush this week raise some doubts about the conventional wisdom in Washington and on Wall Street, that the race to succeed Greenspan has boiled down to three principal candidates.

Greenspan: The worst Fed chief ever

This article published Tuesday 4 October gives a contoversial slant on Alan Greenspan. His recent speech 'Economic flexibility' was an attempt to rewrite history by setting up Ben Bernanke to be the fall guy for all of the problems that Greenspan and the…

Greenspan, term ending, returns to Randian roots

According to this article published on Monday 3 October, Alan Greenspan's recent speech in Chicago represents a return to his philosophical roots. His comments show he surely wants to have some say in how he'll be remembered, it says.

Bush calls for independent Fed Chairman

This article published on Wednesday 5 October looks at US President Bush's comments this week that he is looking for a successor to Alan Greenspan who would be seen as politically independent and who can inspire global confidence.

Comment: Roach slates Greenspan

Do Alan Greenspan's recent comments regarding the relationship between asset prices, monetary policy and macroeconomic stability present an about-face on some of his most controversial views? If so, what does this mean for the person who is to succeed…

Greenspan farewell party set for December

Finance ministers and central bank presidents from the G7 nations have ensured Alan Greenspan's departure will not go unnoticed with a special session scheduled for December in London as a farewell party.

Fed's Greenspan on economic flexibility

In the speech 'Economic flexibility' given on 27 September Alan Greenspan of the Federal Reserve said asset bubbles fuelled by "market exuberance" invariably burst and policy-makers cannot safely pierce them.

Fed's Greenspan on mortgage banking

In the speech 'Mortgage banking' given on 26 September Alan Greenspan of the Federal Reserve said though mortgage debt is rising, most Americans have built up so much equity in their homes that they could weather a price drop without serious harm.

No formula for selecting Fed chair

With the US Senate having to confirm a new chair of the Federal Reserve's Board of Governors soon, this article published on Tuesday 20 September asks what is more important to formulating successful monetary policies, profound study of economics or…

Greenspan successor to face tough economic climate

Until recently it seemed that Alan Greenspan's successor at the Federal Reserve would have a fairly easy ride at first. But according to an article published this week, that seems like a distant memory now that Hurricane Katrina has sent gasoline,…

Greenspan, the Wizard of Bubbleland

This lengthy article published on Wednesday 14 September covers a lot of central banking ground. Greenspan's measured-paced interest-rate policy is a reversal back to the Fed's tradition of gradualism, it says, but the debt cancer is spreading faster…

Comment: More autonomy for the PBOC?

The IMF board is plainly split on what attitude to adopt towards China's exchange rate policy but has come out usefully supporting moves to give the People's bank of China more discretion in setting interest rates.

Greenspan to visit Tokyo

Federal Reserve Chairman Alan Greenspan will visit Japan in October, during which he will meet with Bank of Japan Governor Toshihiko Fukui and speak to business leaders, the BOJ said on Tuesday 6 September.

Greenspan the 'risk manager'

The recent Jackson Hole conference provided another peek into the mind of a central banker who has kept Wall Street guessing for two decades, this article writes. The essence of Greenspan's approach, it says, is to anticipate and accommodate possible…

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