Alan Greenspan is a famous American economist, he served as Chairman of the Federal Reserve Bank (United States os America) from 1987 to 2006. Greenspan attended New York University, where he earned a B.A. degree in economics, and an M.A. degree also in economics. He became chairman of the Board of Governors of the Federal Reserve (The Fed) on August 11, 1987. Two months after his confirmation Greenspan said immediately following the 1987 stock market crash that the Fed "affirmed today its readiness to serve as a source of liquidity to support the economic and financial system"
In autumn 2001, as a reaction to the September 11 attacks and various corporate scandals which where severly affecting the economy, Greenspan initiated a series of interest cuts that brought down the Federal Funds rate to 1% in 2004. On May 18, 2004, Greenspan was nominated by President George W. Bush to serve for a fifth term as chairman of the Fed. Immediately after leaving the Fed, Greenspan formed an economic consulting firm called Greenspan Associates LLC. And ever since, he's been an active voice in the economy, in 2007, Greenspan stated that there was a bubble in the U.S. housing market, warning in 2007 of "large double digit declines" in home values "larger than most people expect." Lately, Greenspan spoke at length on the troubles in the current bond market. When asked if there was any concern regarding financial stability, he responded, "It's obvious that you ought to be looking at the price/earnings (P/E) ratio in bonds to income. We get very nervous when the stock price index goes to high P/E. We ought to be somewhat nervous when the bond rate does the same"
Brown Says Multiple Federal Actions Threaten University's Finances, Costing Tens of Millions
President Christina H. Paxson, Provost Francis J. Doyle III, and EVP for Finance and Administration Sarah Latham said that Brown may cut back on new ...
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Mid-year money reset: Get back on top of your finances - WLRN
... finances with some savvy money moves. This article was originally published on WBUR.org. Copyright 2025 WBUR. Tags. NPR Breaking News Here & Now.
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Fitch Raises Boeing's Outlook to Stable as Finances, Production Improve - USNews.com
(Reuters) -Global ratings agency Fitch on Monday revised its outlook on U.S. planemaker Boeing to 'stable' from 'negative' and affirmed its 'BBB-' ...
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Mid-year money reset: Get back on top of your finances - KGOU
... finances with some savvy money moves. This article was originally published on WBUR.org. Copyright 2025 WBUR. Business and Economy · Facebook ...
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Mid-year money reset: Get back on top of your finances | Ideastream Public Media
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RCMP lay 29 charges in alleged $40M money laundering scheme tied to Calgary business
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... In Different Volatility Environments. Jun 24, 2025 · Forex Focus. Jun 23, 2025 · How To Trade Economics Events Using FX. Jun 18, 2025.
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