/>
X
Innovation

Greenspan mum on economy

Federal Reserve Chairman Alan Greenspan said on Tuesday the effect of rising house prices on consumer spending, the engine of U.S.
zd-linkedin-logo
Written by ZDNET Editors, Contributor on
Federal Reserve Chairman Alan Greenspan said on Tuesday the effect of rising house prices on consumer spending, the engine of U.S. economic growth, was estimated to be bigger than that of rising stock prices. In prepared remarks to be delivered via satellite link to a conference of community bankers in Orlando, Fla., Greenspan offered no insights into his current thinking on the booming U.S. economy or the outlook for key interest rates. -- Reuters

See also: ZDNet News Business section.

Editorial standards

Related

I made a huge Apple Watch mistake
Scratches, scratches, scratches!

I made a huge Apple Watch mistake

I put the Apple Watch Ultra through a Tough Mudder: Here's how it held up
aw-ultra-tough-mudder-7

I put the Apple Watch Ultra through a Tough Mudder: Here's how it held up

Hackers are testing a destructive new way to make ransomware attacks more effective
ransomware-cyberattack-security-encrypted.jpg

Hackers are testing a destructive new way to make ransomware attacks more effective