Fed says Greenspan in 'fine' health

The Federal Reserve has dismissed the rumour which swept financial markets on Wednesday 31 March that Fed Chairman Alan Greenspan had suffered a heart attack.

"There is no truth to the rumour. The chairman is fine," said Michelle Smith, spokeswoman for the Federal Reserve, according to Associated Press.

Last Friday, Greenspan missed a speech he was due to make to a monetary conference because he had a cold, but he still worked from home.

Mr. Greenspan, who recently turned 78, has been chief of