Greenspan warns on interest rates and house prices

Greenspan reportedly warns on rate cuts

"Former Federal Reserve Chairman Alan Greenspan said his successors at the U.S. central bank should be cautious about cutting interest rates because of inflation risks, and he forecast home prices will drop further"

"Greenspan said the U.S. housing slump is likely to deepen more than many analysts expect, with home prices falling by at least a "large single-digit" percentage amount and perhaps by a double-digit percentage"