Fed chief Greenspan hints end near for low rates

Fed Chairman Alan Greenspan suggested on 6 November that the end may be in sight for very low interest rates. Greenspan gave an optimistic assessment of the US economy's prospects for strong growth and appeared to depart from the FOMC's commitment to retain a policy of cheap money "for a considerable period".

Source: New York Times

Alan Greenspan, the Federal Reserve chairman, offered a first hint Thursday that the era of rock-bottom interest rates may be slowly drawing to a close.

Acknowledging

To continue reading...

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 indvidual account here: