The post-World War II period led to unprecedented increases in the U.S. standard of living.
In an interview, the incoming chief of the Feds' New York branch also waved off concerns about inflation.
Home prices across the globe are increasingly moving in the same direction.
Williams has favored three to four interest-rate hikes this year.
He dropped some hints about how his views and style might differ from his predecessor.
Greenspan’s comments come as stock indexes remain near record highs despite a recent sell-off.
Consumers can only push savings down so far before it hampers their ability to keep spending more.
Economists descended on Philadelphia last weekend for an annual conference that’s basically wonk utopia.
The days of early weddings and married parents are ebbing.
New Federal Reserve research shows the worsening trend.