
Greenspan sees one-third chance of 07 recession
Former Federal Reserve chairman Alan Greenspan said in an interview with Bloomberg published on Tuesday 6 March that there's a "one-third probability" of a U.S. recession this year and that he is careful not to make life difficult for Ben Bernanke.
``We are in the sixth year of a recovery; imbalances can emerge as a result,'' Greenspan, 81, said in the interview Monday at his office in downtown Washington. ``Ten-year recoveries have been part of a much broader global phenomenon. The historical
More on Economics
Latest issue
Most read
- A route to economic growth – The Belt and Road Initiative 2018 survey
- Policymakers should act now to prevent next crisis – IMF panellists
- Dudley backs floor-based system for setting monetary policy
- The Bank of Italy’s approach to risk-based budgeting
- Asian Infrastructure Investment Bank – Raising expectations
Back to Top