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Greenspan called out by Bank of England governor



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Finally, someone tells Greenspan to shut his trap and let his replacement work without constant interruption. His behavior in public has been irresponsible, destructive and self-serving.

Mr King, asked about Mr Greenspan's habit of frequently offering his views in public, said he was relieved that his predecessor did not do the same.

"I'm very grateful to Eddie George that he hasn't been in the newspapers and on the radio all the time commenting on what the Monetary Policy Committee is doing," said Mr King at a press conference for the BoE's quarterly inflation report. "In due course I will do the same."

Mr Greenspan, who stood down as Fed Reserve chairman in 2006 after 18 years in charge, was renowned for avoiding forecasting recessions while in office.


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