UPDATE 1-Greenspan says better banking rules benefit economy
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Federal Reserve Chairman Alan Greenspan said on Tuesday that better management of banking risk and new rules on capital hold the promise of a stronger banking system contributing more to economic growth.
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(CBS/AP) Federal Reserve Chairman Alan Greenspan said Wednesday the economy has &quot;regained some traction&quot; after a late spring slowdown that was triggered by a sharp spike in oil prices.
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WASHINGTON - The US economy is pulling out of the soft patch it went through earlier this year but shows no signs of accelerating inflation, Alan Greenspan, the US Federal Reserve chairman, says.
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Federal Reserve Chairman Alan Greenspan said Friday that higher oil prices have had a &quot;noticeable&quot; affect on the U.S. economy this year but are unlikely to cause serious damage unless they move significantly higher.
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The U.S. economy has escaped a  recent soft patch and seems to be picking up steam, Federal  Reserve chief Alan Greenspan said on Wednesday in remarks  economists saw as cementing a September rate rise.
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The probability of a recession in the  United States has increased but is still less than 50/50,  former Federal Reserve Chairman Alan Greenspan said in comments  broadcast on Friday.
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Former Federal Reserve Chairman Alan Greenspan said on Monday the United States appears set to weather the bursting of a housing bubble without falling into recession.
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US Federal Reserve chairman Alan Greenspan hailed the bank's 25-year record of stamping out inflation to stabilize the American economy.
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US Federal Reserve Chairman Alan Greenspan said on Tuesday that he did not foresee big price distortions developing in home prices and said Americans were handling their debts well.
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US Federal Reserve (Fed) Chairman Alan Greenspan on Friday called for prompt action to reform the US retirement system which is promising more benefits than it can actually provide.
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U.S. Federal Reserve Chairman Alan  Greenspan said on Tuesday that he did not foresee big price  distortions developing in home prices and said Americans were  handling their debts well.
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Alan Greenspan on Tuesday defended one of the most tangible results of his tenure as chairman of the Federal Reserve Board: the big increase in homeowner debt.
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Don&#39;t sweat the debt: Along with benign inflation and rising home prices, Alan Greenspan says personal debt is no threat to the US economy.
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Risks of a recession have increased, but the Federal Reserve must be cautious in supporting the economy because global forces that have kept inflation in check are receding, former Fed Chairman Alan Greenspan said on Monday.
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The outlook for the US economy in the coming quarters is favourable despite a continued fall in personal savings, US Federal Reserve Chairman Alan Greenspan was quoted as saying on Saturday.
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Former Federal Reserve Chairman Alan Greenspan said he "feels a little more relaxed" speaking publicly now that his successor, Ben Bernanke, is established in his job, but that he longs for the day when he can reclaim some privacy.
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The US Federal Reserve chairman Alan Greenspan said at a meeting of the American Bankers Association in New York on Tuesday the increasing number of bank mergers underlines new opportunity for the financial sector to recover.