Alan Greenspan

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Fundsmith founder Terry Smith has criticised the ‘extreme' move by the UK's honours committee to strip former RBS boss Fred Goodwin of his knighthood.

Former Federal Reserve Chairman Alan Greenspan believes the US must look to rein in its massive budget deficit or face the risk of a bond market crisis.

Alan Greenspan, the former chairman of the Federal Reserve, believes the US economy still faces the threat of the dreaded double dip recession.

The FTSE traded 56 points, or 1%, lower this morning at 5705.49 after a downbeat assessment of the US recovery from former Federal Reserve chairman Alan Greenspan.

Former Federal Reserve chairman Alan Greenspan has defended his economic policy record at a US congressional hearing into the financial crisis.

Former chairman of the Federal Reserve Alan Greenspan believes there is "momentum building up" in the US economy and the chance of a double dip has fallen significantly.