(Bloomberg) -- Former Federal Reserve Chairman Alan
Greenspan said low long-term interest rates may not last,
bringing an end to a global boom in financial liquidity.
``It's liquidity that is driving the world,'' Greenspan said
to a conference in Mexico City. ``It will continue to be strong
as long as real long-term interest rates stay low. This is not a
permanent feature. It's an intermediate-term period in world
economic history that has never occurred before.''
Read more at Bloomberg Bonds News
Greenspan said low long-term interest rates may not last,
bringing an end to a global boom in financial liquidity.
``It's liquidity that is driving the world,'' Greenspan said
to a conference in Mexico City. ``It will continue to be strong
as long as real long-term interest rates stay low. This is not a
permanent feature. It's an intermediate-term period in world
economic history that has never occurred before.''
Read more at Bloomberg Bonds News
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