Alan Greenspan

The World After Greenspan
Leader: The big event in the world economy is not the Davos economic forum - which ended at the weekend - but the fact that Alan Greenspan, chairman of the US Federal Reserve, will be attending his last Fed meeting tomorrow before retiring.

Invasion of Iraq Was Driven By Oil, Says Greenspan
Alan Greenspan, the consummate Washington insider and long-time head of the US central bank, has backed the position taken by many anti-war critics - that the invasion of Iraq was motivated by oil.

Greenspan Bows Out With Final Rise in Interest Rates
Alan Greenspan last night marked the end of his eighteen and a half-year stint at the helm of the Federal Reserve with an increase in interest rates designed to prevent higher inflation in the world's largest economy.

No Irrational Exuberance As Greenspan Departs
Trouble ahead? The 'maestro' kept inflation low and growth strong but how will history judge him?

Does the Maestro Sign Off in Credit?
Alan Greenspan, chairman of the US Federal Reserve for 18 years, retires soon. How will history judge him, asks Heather Stewart.

Greenspan Does Down the Dollar
Alan Greenspan, Federal Reserve chairman, yesterday gave the dollar a further push lower as he said the huge US current account deficit threatened to scare off foreign investors.

The Old Greenspan Magic Fades
Fed chairman will have to tighten America's belt sooner rather than later. For the best part of 20 years, Alan Greenspan has been a symbol of the stupidity of ageism. He became chairman of the US Federal Reserve at 61, when plenty of workers have already been tossed on the scrapheap and many others are preparing to wind down for retirement.

Interest Rates Must Rise, Says Fed Chief
Greenspan warns increased cost of borrowing will dampen inflation. Federal Reserve chairman Alan Greenspan yesterday moved to prepare the ground for a rise in US interest rates from their half-century low of 1% as soon as this summer.

Fed Chief Calls for Benefit Cuts
Alan Greenspan, the Federal Reserve chairman, provoked a political firestorm in the US yesterday when he urged cuts in social security benefits to get a grip on the ballooning budget deficit. He warned that the US government needs to take immediate action to curb spending. Mr...

All Talk and No Action - How the Us Bond Market Rodeo Broke Away From the Fed
Charlotte Denny: After the turmoil in the bond markets over the past two weeks, Alan Greenspan must be wondering if he should chuck in his day job.

American deficit dependency: kill or cure, the fallout's global
Everything's going to be all right. No, not Bob Marley, but every policymaker from Alan Greenspan to Wim Duisenberg. The A side of 2003 was a bit grim, but turn the record over and the second half will be better. The controls are set to go, the policy framework is solid, better times are ahead.

Greenspan Sees End of Recession
Federal Reserve chairman Alan Greenspan sought to boost confidence in the US economy yesterday when he promised to keep interest rates low for as long as it takes to restore growth. In testimony to Congress, Mr Greenspan painted a glowing picture of an economy poised to recover from the...

Applause, please, for Alan the acrobat
Actions speak louder than words, so we should know by Wednesday just how seriously the Federal Reserve is taking the risk of deflation in the United States. The fact that financial markets are debating whether Alan Greenspan will cut interest rates to 0.75% or "merely" to 1% tells its own story.

We're all in the same boat, Alan
The bluffer's guide to economics is a slim volume. For the last 15 years, if you've wanted to impress, three pieces of wisdom have normally done the trick. Macro-economic policy is about ensuring low inflation rather than managing demand. Independent central banks are the best if not the only way to achieve this. Alan Greenspan rules OK.

Greenspan Damps Down Us Rate Cut Expectations
US Federal Reserve chairman Alan Greenspan last night dampened speculation of a cut in American interest rates as he echoed Gordon Brown in talking up the prospects for the global economy in the aftermath of war in Iraq. Mr Greenspan told a congressional hearing that conditions were in...

US Growth Heading Up, Says Greenspan
US economic growth is set to pick up in the second half of the year despite weakness in the business sector, the Federal Reserve Board chairman, Alan Greenspan, said today. In his first detailed statement since the end of the Iraq war, Mr Greenspan noted that consumers were feeling more...

Fed chief should get a fifth term, says Bush
Alan Greenspan, chairman of the Federal Reserve, seemed certain to be running US monetary policy into his 80s last night after President Bush said the 77-year-old deserved another four-year term.

Greenspan Blames Threat of War for Recovery Delay
Alan Greenspan, the world's most powerful central banker, yesterday blamed the threat of war for delaying the US recovery and delivered a stern warning to President Bush about the dangers of America's ballooning budget deficit. In his half-yearly testimony to Congress, the veteran...

Recovery has hit soft patch, says Greenspan
Alan Greenspan, chairman of the US Federal Reserve, warned yesterday that the world's largest economy had "hit a soft patch" as he justified last week's surprise half-point cut in American interest rates, writes Larry Elliott.

Greenspan Insists Us Economy is Strong
Alan Greenspan, chairman of America's central bank, moved last night to soothe nerves in the world's jittery stock markets.

Greenspan Tries to Boost Market Confidence
The US Federal Reserve chairman, Alan Greenspan, today tried to restore market confidence, shattered by a blizzard of accounting scandals and doubts over economic recovery, by stressing the resilience of the American economy. Giving his twice-yearly monetary policy testimony to Congress...

Greenspan Detects Turning Point in Recession
Alan Greenspan yesterday hailed America's ability to bounce back from adversity when he told Congress that the economy was on the point of breaking free from recession less than six months after the September 11 terrorist attacks. The Federal Reserve chairman said the world's biggest...

Greenspan: Us 'emerging From Recession'
The US is emerging from recession but economic recovery is expected to be modest, the Federal Reserve Board chairman, Alan Greenspan, said today. In his semi-annual testimony to Congress on the state of the economy, the world's most influential central banker said business and consumer...