Greenspan predicts falling house prices, rising inflation

Britain faces the prospect of falling house prices and rising inflation within a few years, according to Alan Greenspan, the former chairman of the Federal Reserve.

Graeme Wearden and Ashley Seager, The Guardian - Tuesday September 18, 2007

In a series of interviews to promote his memoirs, The Age of Turbulence, the respected US economist warned that the era of low inflation was over. He predicted that the Bank of England would struggle to keep the consumer prices index within one percentage point of the government’s 2% target - full article