Alan Greenspan
New Fed chief meets same old Congress
In terms of the testimony itself, the transition from Greenspan to Bernanke was seamless, according to this article published on Thursday 17 February. But he did it in language that Congress and the larger audience - financial markets - could understand,…
Bernanke: Greenspan speeches don't violate ethics
Fed chairman Ben Bernanke said his predecessor, Alan Greenspan, has not violated any central bank or federal government ethics rules as a result of his recent series of private speeches since leaving his post on 1 February
Greenspan’s legacy
Allan Meltzer explains how Alan Greenspan’s leadership of the Fed has re-written the rules of monetary-policy making.
Lacker on transition and continuity at the Fed
In the speech 'Transition and continuity at the Federal Reserve in 2006' given on 14 February Jeffrey Lacker of the Federal Reserve Bank of Richmond said that incoming Fed Chairman Ben Bernanke must preserve the hard-won credibility for maintaining low…
Greenspan remains relevant in gold debate
This article published on Friday 10 February looks at recent comments by Alan Greenspan that the recent strength of the gold price is all down to the uncertain international political situation. Overnight developments in the US support Greenspan's thesis…
Alan Greenspan in memoir talks
According to Reuters, Alan Greenspan is in talks with major publishers about writing a memoir and bidding has already hit $5 million.
Fed announces Michelle Smith to stay on
The Federal Reserve Board on Friday announced that Michelle A. Smith will continue in her position as Assistant to the Board and Director of the Office of Board Members. The Board had previously announced that she would be leaving to work for former…
'Greatest central banker ever' comes down a peg
This article published on Thursday 9 February looks at recent comments by ex Fed chief Alan Greenspan. It was his comments on the likely future course of interest rates that will tarnish his legacy as ``the greatest central banker who ever lived,'' it…
Geopolitics boost gold - Greenspan
Recently retired US Federal Reserve chariman, Alan Greenspan, is reported to have attributed high gold prices to investor concerns over major geopolitical conflicts and not a reflection of inflation worries.
Rato at the farewell dinner for Alan Greenspan
In remarks at the farewell dinner for Alan Greenspan on 24 January (published 2 Feb) IMF Managing Director Rodrigo de Rato said there are many reasons to envy Alan: not just his economic savvy and ability to move financial markets with a few well-chosen…
Greenspan goes out with final jab at inflation
The Federal Reserve's decision to increase interest rates again left open the possibility of another increase next month in a smooth handoff of the Fed policy baton from Greenspan to Ben Bernanke, this article published on Wednesday 1 February says.
Bernanke inherits an experienced Fed staff
Alan Greenspan's legacy includes a Fed full of battle-tested veterans who helped him calm the markets and steer the U.S. economy through September 11, the 1987 stock market crash, the international currency crises of the 1990s and two recessions,…
Ben Bernanke sworn in as Fed chairman
Ben Bernanke on Wednesday 1 February became the fourteenth Chairman of the Board of Governors of the Federal Reserve System and the Chairman of the Federal Open Market Committee, succeeding Alan Greenspan.
Bernanke becomes Fed chairman, but without a seat
Alan Greenspan celebrated his final day as Federal Reserve chairman with a lunch of grilled salmon and chocolate cake. He also received various gifts from his colleagues, including his boardroom chair.
Greenspan critics are off base on his legacy
As Alan Greenspan prepares to relinquish the Federal Reserve chairmanship on Tuesday 31 January, a cottage industry has sprung up questioning the strength of his legacy. Most of the criticism is off base, according to this article published on Monday.
Bush to nominate Lazear to head CEA
US President George W. Bush has picked a business school professor, Edward Lazear, to be the chairman of his Council of Economic Advisers, the White House announced late Monday 30 January.
Senate votes on Bernanke, FOMC meets
The US Senate is aiming for a midday vote on the nomination of White House adviser Ben Bernanke to be chairman of the U.S. Federal Reserve, Senate leadership aides were quoted by Reuters as saying on Tuesday 31 January.
Comment: Greenspan's legacy
As the curtains are drawn on the Alan Greenspan era at the Federal Reserve, the debate over whether or not the Fed should have increased interest rates to curb asset bubbles rages on. This debate misses the extent to which the Fed's actions may have…
Greenspan receives Dept of Defense medal
Outgoing Federal Reserve chairman, Alan Greenspan, was presented with the Department of Defense Medal for Distinguished Public Service by US Secretary of Defense Donald Rumsfeld on Monday 23 January.
Report says Greenspan to set up consulting firm
Federal Reserve Chairman Alan Greenspan plans to establish a consulting firm called Greenspan Associates in Washington after he leaves the central bank at the end of the month, the Wall Street Journal reported on Thursday 26 January.
Cheney praises Fed's 'superb' performance
US Vice President Dick Cheney said the White House has no argument with the way the Federal Reserve conducts monetary policy, but said Alan Greenspan advised him along time ago not to comment on Fed policy.
Time to judge the whole record of Alan Greenspan
According to this article published Thursday 19 January, Alan Greenspan was widely seen as giving his blessing to the tax cuts of 2001 - the beginning of the end of a solid decade of progress on fiscal discipline.
BoE's Lambert 'admired' King's rate decision
In the speech 'Central bank communications: Best practices in advanced economies' given on 23 January Richard Lambert of the Bank of England, a former editor of the Financial Times, highlighted the likely change in communication at the Federal Reserve,…
Pushed, prodded, Greenspan leaves openness legacy
This article published on Wednesday 18 January says one of the abiding legacies Alan Greenspan will leave behind when he departs the Federal Reserve at the end of January is a major shift toward openness at the U.S. central bank.