Former Fed chief Greenspan sees no spillover yet from housing

Former Fed chief Greenspan sees no spillover yet from housing (access required)

By dmc-admin

Published: March 23, 2007 at 1:00 am

Former Federal Reserve Chairman Alan Greenspan says there has so far been no spillover from the troubled housing sector into the broader U.S. economy. Greenspan says it is remarkable that so far there has been no sign of an impact on consumer demand, even amid a sharp increase in mortgage delinquencies among borrowers with poor credit ...

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