Former Federal Reserve Chairman Alan Greenspan said on Sunday that the rate of U.S. economic growth was slowing, but the odds of a recession are less than 50 percent.
Greenspan also said in an interview on CNN’s “Late Edition with Wolf Blitzer” that the turmoil caused by the subprime mortgage crisis was easing and financial markets were beginning to go back to normal
Filed under: Economy, Greenspan | Tagged: Economy, Greenspan, mortgage crisis, subprime mortgage
