Greenspan Says Trade Gap May Narrow

Associated Press via Adsnews.blogspot.com:

Alan Greenspan said market pressures and belt-tightening could ease the trade deficit.

By ALAN COWELL

LONDON, Feb. 4 - Alan Greenspan, the chairman of the Federal Reserve, said on Friday that America's record trade deficit might be poised to stabilize and even fall because of market pressures and belt-tightening by the Bush administration."