Alan Greenspan Expects The Jobless Rate To Fall In The Coming Year

Ex-Federal Reserve Chairman, Alan Greenspan, told Bloomberg this morning that he thinks the jobless rate will likely fall 'a bit' this year.

Greenspan said the Fed should retain regional bank structure.

Additionally, Greenspan sees asset price 'bubble' emerging in china. He said the rising treasury yields the 'canary in the coal mine' now.