Tuesday, September 18, 2007

Recession in USA Latest Update.

Risk of US recession up: Greenspan (AAP via Yahoo!7 Finance)

Risks of a US recession have increased, but the Federal Reserve must be cautious in supporting the economy, Alan Greenspan says.

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Greenspan says US recession risk up (Budapest Business Journal)

Former Federal Reserve Chairman Alan Greenspan said on Monday there is an increased risk of a US recession. US stocks fell Monday after Greenspan said some bleak words on the economy.

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US recession risk up, but prices a worry: Greenspan (Gulf Times)

WASHINGTON: Risks of a US recession have increased, but the Federal Reserve must be cautious in supporting the economy because global forces that have kept inflation in check are receding, former Fed chairman Alan Greenspan said yesterday.

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US recession risk jumps: Greenspan (Adelaide Now)

RISKS of a US recession have increased and a plunge in house prices, but the US Federal Reserve must be cautious in supporting the economy, former Fed chairman Alan Greenspan said overnight.

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Risk of US recession up: Greenspan (Nyngan Observer)

Risks of a US recession have increased, but the Federal Reserve must be cautious in supporting the economy because global forces that have kept inflation in check are receding, former Fed chairman Alan Greenspan said.

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