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  • '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 »
  • 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 »
  • 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 »
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