Content Tagged As bernanke
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Bernanke to face sharp questions from Republicans
February 8, 2011 11:14 PM
WASHINGTON (AP) Federal Reserve Chairman Ben Bernanke's first appearance before the House since Republicans took control last month is likely to be a tough one. And much of the grilling will probably come from members of his own party. Bernanke is a Republican who served as President George W.... more » -
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 » -
Fed Chief says future uncertain, stocks drop
July 21, 2010 2:49 PM
WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke tells Congress the economic outlook remains "unusually uncertain," and the Fed is ready to take new steps to keep the recovery alive if the economy worsens. The Fed chief, in prepared testimony to the Senate Banking Committee Wednesday, says record low... more » -
Bernanke: Keep Fed as watchdog of small US banks
March 20, 2010 1:14 PM
Federal Reserve Chairman Ben Bernanke is making a fresh pitch for the Fed to retain its oversight of small banks. Bernanke says that what the Fed learns from overseeing those banks helps it assess the overall health of the entire U.S. financial system. The Fed chief is weighing in against... more » -
Bernanke: Record-low rates still needed
February 24, 2010 10:13 AM
Federal Reserve Chairman Ben Bernanke tells Congress that record-low interest rates are still needed to ensure that the economic recovery will last and to help cushion the sting of high unemployment. Delivering his twice-a-year economic report to the House Financial Services Committee, Bernanke strikes a confident tone that the recovery... more » -
Bernanke outlines plan for pulling in stimulus aid
February 10, 2010 10:29 AM
Federal Reserve Chairman Ben Bernanke is outlining the central bank's plan for reeling in stimulus money once the economic recovery is more firmly rooted. In prepared remarks to a House committee, Bernanke says the Fed will likely start tightening credit by boosting the interest rate it pays banks on money... more » -
Fed boss: regulation first defense against bubbles
January 3, 2010 12:16 PM
Federal Reserve Chairman Ben Bernanke says stronger regulation should be the first line of defense to prevent speculative bubbles that could send the economy into a new crisis. But he's not ruling out higher interest rates to stop dangerous bubbles - such as the recent one in housing - from... 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 »
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