- Man shot by police ID'd; witness shares his side of story (2/17/17)31
- Panda Express restaurant coming to Cape's Siemers Drive (2/14/17)2
- Settlement reached in accidental shooting case at Kelly High (2/15/17)10
- Jackson board votes to demolish high school building if bond issue passes (2/15/17)24
- Cape officer shoots man inside a home (2/16/17)7
- Golden Corral nearing opening; soft open scheduled for Monday or Tuesday (2/12/17)8
- MSHP: McLendon shot in side; autopsy refutes witness account (2/19/17)21
- Southeast reports three confirmed cases of mumps; more cases possible (2/14/17)1
- Right to Work and Taxes (2/10/17)
- Man dies after being shot by officer; said to have come at cop with knife (2/16/17)29
Investors seek hints Greenspan may retire
WASHINGTON -- When Federal Reserve Chairman Alan Greenspan goes before Congress today to deliver the Fed's new economic forecast, investors will be listening for hints about his own future as well as the economy's.
The issue of whether Greenspan, now in his 15th year as Fed chairman, will leave the central bank before his term is over in June 2004 has become a hot subject on Wall Street.
The Blue Chip Economic Indicators forecasting newsletter even polled its 52 top economic forecasters this month for their picks of who should succeed Greenspan. The top choice: Treasury Undersecretary John Taylor, an academic economist who served on the Council of Economic Advisers for President Bush's father.
Those who believe the chairman may be contemplating an early exit point to the calendar. Greenspan, who will turn 76 next week, has already served in the Fed job longer than all but one of his predecessors.
With the economy apparently pulling out of recession, why not step down at the top of your game? these analysts ask.