Greenspan: Economic signals still mixed

In testimony on Wednesday Alan Greenspan said the Federal Reserve is ready and able to tackle deflation if necessary in the unlikely event of falling prices. The Federal Reserve would not be "out of business" policy wise even if interest rates slid further towards zero, he added.

Source: Washington Post

Federal Reserve Chairman Alan Greenspan told a congressional panel Wednesday that the Fed is ready and able to do whatever necessary to guard against the remote possibility that a weak economy

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