Alan Greenspan, the former Federal Reserve Chairman, has indicated that the central bank may adopt a more gradual pace in its interest rate hikes. This suggestion arises from ongoing discussions about the possible effects of quick and substantial rate increases on the overall economic health.

Speaking at a recent economic forum, Greenspan noted the importance of carefully monitoring economic data to ensure that any adjustments to monetary policy do not destabilize markets or hinder economic growth. He emphasized the need for flexibility and responsiveness in the Fed’s approach.

His remarks come at a time when there is increasing scrutiny of the Fed’s rate-hiking strategy, with some economists expressing concern that aggressive tightening could potentially trigger a recession. Greenspan’s comments could be interpreted as a call for a more cautious and data-dependent approach to monetary policy adjustments.