Tag: Alan Greenspan

• Wednesday, August 7th 2019 - 08:50 UTC

  United States need an independent Federal Reserve

  

  The following article was published 6 August, in the Wall Street Journal, signed by ex-Fed chiefs Paul Volcker, Alan Greenspan, Ben Bernanke and Janet Yellen. Basically, it states that the US economy functions best when the central bank is free of short-term political pressures.

• Tuesday, August 8th 2017 - 17:05 UTC

  Greenspan warns of a bubble in the bond market: low interest rates about to end

  

  Former Federal Reserve Chairman Alan Greenspan issued a bold warning that the bond market is on the cusp of a collapse that also will threaten stock prices. The longtime central bank chief said the prolonged period of low interest rates is about to end and, with it, a bull market in fixed income that has lasted more than three decades.

• Friday, July 31st 2015 - 06:25 UTC

  Former Fed chief says discussion is not monetary policy but government spending

  

  Former Federal Reserve Chairman Alan Greenspan warns that government spending “extremely dangerous” to the future of the US economy. Greenspan decried a rise in entitlement costs, which he contended have pressured the U.S. economy.

• Thursday, May 22nd 2014 - 00:40 UTC

  Bernanke now makes more money speaking to bankers than in one year as Fed chairman

  

  The former chairman of the Federal Reserve Ben Bernanke, who during eight years piloted the world’s largest economy through the worst financial and economic crisis since the Depression of last century, is now reaping the fruits of his success.

• Wednesday, August 24th 2011 - 23:53 UTC

  Risk of Euro breaking up is holding back US recovery, says Greenspan

  

  The risk that Europe's single Euro currency could break up is the main factor holding back the US economy, former Federal Reserve Chairman Alan Greenspan said, though he stopped short of predicting a new recession in the US.

• Wednesday, August 10th 2011 - 19:33 UTC

  Zero probability of US default, “we can always print money to pay any debt”

  

  Former Federal Reserve Chairman Alan Greenspan downplayed the risk of a double-dip recession in the United States saying the domestic economy was in better shape compared to its European peers.