Alan Greenspan
Greenspan on risk transfer and financial stability
In a speech on 'Risk transfer and financial stability' given on 5 May, Alan Greenspan of the Federal Reserve said the huge mortgage holdings of home finance giants Fannie Mae and Freddie Mac pose risks to the liquidity of the derivatives market where…
Fed's Greenspan on consumer finance
In a speech on 'Consumer finance' given on 8 April, Alan Greenspan of the Federal Reserve said the success of financial services industries in expanding credit availability has significantly helped the U.S. economy.
Fed's Greenspan on empowering communities
In a speech on 'Empowering communities, attracting development capital, and creating opportunities' given on 18 March, Alan Greenspan of the Federal Reserve said better research is needed to gauge the success of programs that aim to lift communities out…
Phil Fed's Santomero on post-Greenspan era
In an interview published this week, Anthony Santomero of the Philadelphia Fed told Handelsblatt he does not fear any trouble in the financial markets when Alan Greenspan leaves office at the beginning of 2006. "It is understandable that the markets ask …
Fed's Greenspan on globalization
In a speech on 'Globalization' given on 10 March, Alan Greenspan of the Federal Reserve said that future budget deficits pose a bigger risk to the economy than record trade imbalances and the country's extremely low savings rate.
Fed's Greenspan on bank regulation
In a speech on 'Bank regulation' given on 11 March, Alan Greenspan of the Federal Reserve acknowledged that a new global pact on banking may hurt some business lines at small U.S. banks, but said regulators may look at tweaking capital rules to ease this.
Federal Reserve's Monetary Policy Report, Feb 2005
Presenting the Federal Reserve's Monetary Policy Report to the Congress on Wednesday 16 February, Alan Greenspan said in the seven months since he last testified before the Committee, the US economic expansion has firmed, overall inflation has subsided,…
Fed's Greenspan on the current account
In a speech on 'Current account' given on 4 February, Alan Greenspan of the Federal Reserve said the dollar's decline and fiscal restraint by the US government may soon begin to reduce the US current account deficit, which stood at a record in the third…
Fed expected to raise rates on 10 November
The Federal Reserve was widely expected to raise US interest rates on Wednesday 10 November at the conclusion of its FOMC meeting after the unexpected boom in US job creation in October.
Fukui, Greenspan discuss Japan, US economies
Toshihiko Fukui of the Bank of Japan and Federal Reserve chairman Alan Greenspan discussed the global economy on Thursday 30 September, as well as the economic situations of the US and Japan, Kyodo News reported a BOJ source as saying.
After Alan Greenspan, who?
This article looks at some of the favourites to replace Alan Greenspan as Chairman of the Federal Reserve when he steps down. Because of the Fed chairman's enormous influence on the U.S. economy and global financial markets, the selection will be among…
Greenspan says US economy regaining some traction
In testimony to the U.S. House of Representatives on Wednesday 8 September, Federal Reserve Chairman Alan Greenspan said the economy has "regained some traction" following a late spring slowdown that was instigated by a sharp rise in oil prices.
Fed's Greenspan on global demographic change
In a speech on 'Global demographic change' given on 27 August, Alan Greenspan of the Federal Reserve warned that an ageing U.S. population will strain public finances and hurt the economy without swift fixes to the safety net, such as raising the age for…
What's with Greenspan's hawkish talk?
This article says Alan Greenspan's recent more hawkish comments in testimony to Congress on July 20-21 have a lot to do with whom Greenspan was speaking for and to whom he was speaking. Mainly, his stern words about guarding against inflation reflect his…
Greenspan notes solid economic growth in US
In closely watched testimony to the Senate Banking Committee on Tuesday 20 July, Fed chairman Alan Greenspan said sharp price increases that may have slowed US consumer spending are "transitory" and "accounted for at least some of the observed softness…
Alan Greenspan is the man!
It's no surprise that President George W. Bush has asked Alan Greenspan to re-enlist for a fifth four-year term as chairman of the Federal Reserve, this article says, especially since Bush pledged to do so one year ago. Comparing Greenspan to four other…
Greenspan nomination hearing moved to 15 June
The Senate Banking Committee said on Monday 7 June that it was postponing a hearing on Federal Reserve Chairman Alan Greenspan's renomination until 15 June. The hearing was rescheduled because late President Ronald Reagan was lying in state at the U.S…
Bush taking time to renominate Greenspan
Alan Greenspan has fewer than six weeks of his term left as Chairman of the Federal Reserve, and some analysts are wondering why George W is yet to renominate the 78-year old Maestro.
Greenspan on financial literacy
In a speech on 'Financial literacy' given on 13 May, Alan Greenspan of the Federal Reserve said in an increasingly complex economy, the skill level that you reach in your 20s will surely be inadequate for the needs of our economy when you reach 40. His…
Kerry sees Rubin in Greenspan's shoes
US Democratic presidential candidate John Kerry has said that if elected he will seriously consider former treasury secretary Robert Rubin to replace Federal Reserve Chairman Alan Greenspan when he retires.
Bernanke on US economic outlook & monetary policy
In a speech on 'The economic outlook and monetary policy' given on 22 April, Ben Bernanke of the Federal Reserve said there are no signs of overheating in the U.S. economy, so inflationary pressures are likely to remain subdued. He said he was "sanguine"…
Greenspan on the state of the banking industry
In a speech on 'The state of the banking industry' given on 20 April, Alan Greenspan of the Federal Reserve said that the United States banking system is in good shape to deal with rising interest rates and inflationary pressures will be reasonably well…
Vigorous growth yet to produce inflation-Greenspan
Federal Reserve Chairman Alan Greenspan said on Wednesday 21 April in testimony titled "The economic outlook" that the U.S. economy is in a `vigorous expansion' that has not yet produced `broad-based' inflation pressures.
Fed's Greenspan on capitalizing reputation
In a speech on 'Capitalizing reputation' given on 16 April, Alan Greenspan of the Federal Reserve said companies need to work hard to restore trust in the nation's financial markets and predicted that trust can be restored, but he warned of serious…