G7 leaders unite to overcome economic fallout

US - The chairman of the US Federal Reserve, Alan Greenspan, has said that the terror attacks on America have penalised the global economy in a manner similar to raising interest rates worldwide.

Greenspan told the finance ministers of the Group of Seven richest democracies that the attacks had depressed the world economy by "raising the discount rate of uncertainty" globally, in remarks relayed by the US Treasury Secretary, Paul O'Neill.

The chairman of the US Federal Reserve, Alan Greenspan, has

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account