Former Federal Reserve chairman Alan Greenspan discusses the rising of rates and Fed policy.» Read More
As it was in 2005 when a puzzled Alan Greenspan made the idea of the conundrum popular, the issue today is a divergence between longer-dated Treasuries, which are falling in yield, and monetary policy, which is tightening.
While the Kansas City Fed's conference has been held every August since 1978 a quick check of Google shows the world only showed small interest in it until 2006. That, of course, was the last year before the financial crisis took hold, since when there has been an annual spike in stories detailing what Jackson Hole participants may say, what they actually did say, and how much markets went up after they said it.
July 30- Equity markets will see a decline at some point after rising for the past several years, former Federal Reserve chairman Alan Greenspan said in an interview on Bloomberg TV.
July 16- Markets aren't afraid of Janet Yellen, but you might want to be. Yellen and her colleagues at the Federal Reserve Board took unusually frank aim at frothy valuations in social media and biotech shares, as well as at parts of the debt markets, in testimony before Congress this week.
WASHINGTON, July 15- Federal Reserve Chair Janet Yellen said U.S. labor markets are far from healthy and signaled the Fed will keep monetary policy loose until hiring and wage data show the effects of the financial crisis are "completely gone."
The unusual comments from the Fed's monetary policy report- the first time in 14 years that the Fed has commented specifically on valuation of a particular equity sector- that accompanied Fed Chair Janet Yellen's semi-annual testimony to Congress, hit stocks in riskier sectors of the market.
For those looking for a knighthood, a London firm claims it can quietly guide a nomination from daydream to reality.
*Hedge funds at $250,000 meetings with former Fed chairman.
Former Federal Reserve chairman Alan Greenspan tackled today's unexpected sharp rise in wholesale inflation, CNBC's Steve Liesman reports.
The Fed's unwillingness to extricate itself from the markets is a very worrisome trend, says Michael Farr.
The former chairman of the Federal Reserve defends policy prior to the global financial crisis.
Former Federal Reserve Chairman Alan Greenspan looks back on the most memorable moments in the last 25 years for the U.S. economy and discusses his greatest moment and biggest regret.
CNBC's Tyler Mathisen; Paul Steiger, ProPublica, and Jeffrey Sonnenfeld, Yale School of Management, share their thoughts on the titans of central banking and whether Treasury Secretary Henry Paulson should have made the list.
Exerted greater impact over past quarter century as chairs of the U.S. Federal Reserve on the U.S. and global economy than any other public official.
LONDON- Bank of England will release the minutes of April Monetary Policy Committee meeting- 0830 GMT. HELSINKI- Finnish Prime Minister Jyrki Katainen, Finance Minister Jutta Urpilainen and The Finns Party leader Timo Soini participate in a election debate- 1300 GMT.
Federal Reserve, Ben Bernanke, will give a speech entitled "Eight Years of Crisis Management at the Federal Reserve and the Way Forward"- 1545 GMT. HALIFAX, Canada- Canadian Finance Minister Joe Oliver will speak at a Halifax Chamber of Commerce lunch in Nova Scotia- 1545 GMT.
"Given the economic outlook, and given also my view that we need accommodative policy relative to historical norms, we need to have relatively low levels of interest rates for quite some time," San Francisco Federal Reserve Bank President John Williams told Reuters.
Janet Yellen, in her first Federal Open Market Committee press conference since taking over as chair, surprised investors last week by suggesting that rates can be expected to rise six months after the taper is completed and QE is done.
Putin is trying to rebuild Soviet Union, former Fed Chairman Alan Greenspan tells CNBC.
Alan Greenspan, former Federal Reserve chairman, shares his thoughts on what he learned at the Federal Reserve about long-term economic stability and its part in creating economic bubbles.