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Content Tagged As federal_reserve_chairman

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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 »
  • 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: 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 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 »
  • 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 »
  • 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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