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• Bernanke: Fed wrestles with size of aid program

  October 15, 2010 8:24 AM

  Federal Reserve Chairman Ben Bernanke says the central bank is prepared to take steps to rejuvenate the economy through the purchase of Treasury bonds but is wrestling with how big the program should be. Bernanke also says the Fed could use its communications powers to prevent the United States... more »

• 'No easy resolution' in restoring millions of jobs

  June 9, 2010 4:23 PM

  Federal Reserve Chairman Ben Bernanke sees "no easy resolution" to restoring millions of jobs wiped out by the recession and strengthening the economy. Bernanke says in prepared remarks that there has been some modest improvement in the labor market. But he also says the country continues to endure high... more »

• Analyst: Fed to show confidence in recovery

  April 28, 2010 12:22 PM

  One analyst predicts Federal Reserve policymakers will come out of today's meeting confident, yet cautious. The chief economist at John Hancock says the Fed will let the public know it has more confidence in the country's economic recovery. But Bill Cheney says Fed Chairman Ben Bernanke and his colleagues will... more »

• Fed boss: Trim deficit or US economy will be hurt

  April 27, 2010 10:29 AM

  Federal Reserve Chairman Ben Bernanke says failing to curb federal budget deficits would do "great damage" to the U.S. economy in the long run. Bernanke once again urges the White House and Congress to come up with a credible plan to reduce the nation's red ink, which hit a record... more »

• Bernanke: U.S. 'far from being out of the woods'

  April 7, 2010 4:25 PM

  Problems in the housing market and high unemployment are the biggest economic challenges the nation faces, Federal Reserve Chairman Ben Bernanke said Wednesday. After suffering through the worst recession since the 1930s, the economy seems to have stabilized and is growing again, Bernanke said. But he warned: "We are... more »

• Bernanke voices economic concerns as he's sworn in

  February 3, 2010 3:40 PM

  Federal Reserve Chairman Ben Bernanke expressed concerns Wednesday about the economic recovery during a ceremonial swearing-in for another four-year term. In brief remarks to staffers, Bernanke said that while the economy is growing, "far too many people remain unemployed, foreclosures continue at record rates and bank credit continues to... more »

• Senate confirms Bernanke for second term

  January 28, 2010 3:51 PM

  The Senate has confirmed Ben Bernanke for a second term as chairman of the Federal Reserve. The Senate voted 70-30 on Thursday to reappoint Bernanke amid criticism of his judgment ahead of the financial crisis and his support for massive Wall Street bailouts. His supporters credited him for engineering... more »

• Time magazine names Bernanke 'Person of the Year'

  December 16, 2009 9:10 AM

  Federal Reserve Chairman Ben Bernanke has been named Time magazine's "Person of the Year" for 2009. Last year's winner was then-President-elect Barack Obama. The 2007 winner was Russian Prime Minister Vladimir Putin. Other previous winners have included Bono, President George W. Bush, and Amazon.com CEO and founder Jeff Bezos. more »

• Bernanke: too early to declare lasting recovery

  December 7, 2009 12:44 PM

  Federal Reserve Chairman Ben Bernanke says it is still too early to declare that the budding recovery will last. In remarks before the Economic Club of Washington, the Fed chief says: "We still have some way to go before we can be assured that the recovery will be self sustaining."... more »

• Up for second term, Fed chief heads to Congress

  December 3, 2009 8:59 AM

  Federal Reserve Chairman Ben Bernanke goes before the Senate Banking Committee today as he seeks another term as head of the nation's central bank. He's angered Congress and the public for bailing out Wall Street and failing to detect early signs of the housing collapse. But he's all but certain... more »

• Bernanke urges Congress to act now on overhaul

  October 23, 2009 9:33 AM

  Federal Reserve Chairman Ben Bernanke is prodding Congress to enact legislation overhauling the nation's financial regulatory system to prevent a repeat of the banking and credit debacles that had thrust the country into crisis. The Fed chief says: "With the financial turmoil abating, now is the time for policymakers to... more »

• Fed boss sees no rush to boost rates

  October 9, 2009 9:00 AM

  Federal Reserve Chairman Ben Bernanke sent a fresh signal yesterday that he's in no rush to reverse course and start boosting interest rates. The Fed's key bank lending rate is now at a record low near zero and will probably stay there for an "extended period," Bernanke said in a... more »

• For many, economic recovery still feels far off

  September 14, 2009 11:50 AM

  Sally Ly feels like she did everything right. The 29-year-old went to college at University of the Pacific in Stockton, Calif., living frugally and using student loans that she figured would more than pay for themselves down the road. Two years ago, Ly decided to leave the private... more »