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Ben Bernanke Federal Reserve

It's All About Ben

Nick Beecroft | Posted 07.23.2013 | Business
Nick Beecroft

Wednesday's prepared testimony by Fed Chairman Ben Bernanke to the Joint Economic Committee of Congress seemed to start out as a bravura effort designed to silence recent chatter about the Fed's so-called 'exit strategy' i.e. the 'tapering' off of its quantitative easing program.

Ben Bernanke and the Fragile Recovery

Harlan Green | Posted 07.23.2013 | Business
Harlan Green

We know how fragile is the U.S. economic recovery just from the past 48 hours, because both U.S. and Japanese stock prices plummeted and interest rate...

Bernanke: It's Too Soon For Fed To End Stimulus

AP | By MARTIN CRUTSINGER | Posted 07.22.2013 | Business

WASHINGTON (AP) — Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserv...

Shahien Nasiripour

Top Fed Official Warns Inequality May Impede Recovery | Shahien Nasiripour | Posted 05.17.2013 | Politics

WASHINGTON -- A top Federal Reserve policymaker has raised the possibility that rising inequality may restrain economic growth for several years in a ...

Federal Reserve 'In Touch' With Bloomberg Amid Scandal

Reuters | Posted 07.11.2013 | Business

WASHINGTON, May 11 (Reuters) - The Federal Reserve said on Saturday that it was seeking information from Bloomberg LP about potential access by the ...

Buffett: Fed Helped Stock Market Soar

AP | JOSH FUNK | Posted 07.06.2013 | Business

OMAHA, Neb. — Investor Warren Buffett said even though the stock market is soaring, prices appear reasonable, and stocks would be a better inves...

Ben Bernanke Surrounded By Speculation This Year May Be His Last

AP | CHRISTOPHER S. RUGABER | Posted 04.23.2013 | Business

WASHINGTON -- Ben Bernanke is intensifying speculation that this year will be his last as Federal Reserve chairman by deciding to skip the Fed's annua...

Bye Bye, Bernanke?

AP | CHRISTOPHER S. RUGABER | Posted 06.22.2013 | Business

WASHINGTON — Ben Bernanke is intensifying speculation that this year will be his last as Federal Reserve chairman by deciding to skip the Fed's ...

Fed Accidentally Releases Minutes Early to Congressional Staffers, Lobbyists

AP | CHRISTOPHER S. RUGABER | Posted 06.10.2013 | Business

WASHINGTON — A majority of Federal Reserve policymakers want to continue extraordinary bond purchases to help boost the U.S. economy at least th...

Bernanke Defends Bank Stress Tests

AP | MARTIN CRUTSINGER | Posted 06.08.2013 | Business

WASHINGTON — The Federal Reserve's annual "stress tests" of major U.S. banks have become better able to detect risks, Chairman Ben Bernanke said...

Bernanke: Fed Is Making The World A Better Place

Reuters | Posted 05.25.2013 | Business

By Pedro Nicolaci da Costa WASHINGTON, March 25 (Reuters) - Federal Reserve Chairman Ben Bernanke on Monday defended the central bank'...

Federal Reserve Stands By Stimulus

AP | MARTIN CRUTSINGER | Posted 05.20.2013 | Business

WASHINGTON — The Federal Reserve on Wednesday stood by its efforts to keep borrowing costs at record lows, saying it isn't yet convinced that th...

Fed Projects Grim Unemployment News

AP | CHRISTOPHER S. RUGABER | Posted 05.20.2013 | Business

WASHINGTON — The Federal Reserve foresees unemployment remaining high into 2015, suggesting it will keep short-term interest rates near record l...

Fed President: Too-Big-To-Fail Banks Need To Be Broken Up

Reuters | Posted 05.16.2013 | Business

(Adds details from speech) By Pedro Nicolaci da Costa NATIONAL HARBOR, Md., March 16 (Reuters) - The largest U.S. banks...

Bernanke Blows Bond Bubble Into Stocks

Michael Pento | Posted 04.09.2013 | Business
Michael Pento

I expect it will not be until inflation becomes a serious and undeniably-painful condition for the economy that Mr. Bernanke begins to change his mind. And any change that does eventually occur will be slow and gradual... at best.

Why Shouldn't the Fed Do More?

Harlan Green | Posted 04.08.2013 | Politics
Harlan Green

Isn't $3 trillion already on their books too much? Not really, when you look at what even Fed Chairman Bernanke's predecessor, wily Alan Greenspan (master of do what I say, not what I do), was able to engineer during his almost 20-year tenure. How did he do it?

Why the Fed's Job Program Will Fail

Robert Reich | Posted 02.11.2013 | Politics
Robert Reich

By linking interest rates directly to the rate of unemployment, Bernanke is acknowledging that the Federal Reserve Board has two mandates: not just price but also employment. But the sad fact is near-zero interest rates won't do much for jobs because banks aren't allowing many people to take advantage of them.

#My2K and How to Keep Our Political Debate From Going Over the Cliff

Arianna Huffington | Posted 02.02.2013 | Politics
Arianna Huffington

Hey, have you heard about this thing called "the fiscal cliff"? Actually, the better question is: Have you heard about anything except the fiscal cliff? Nine months ago, the term had not even entered the media lexicon. And now it's suddenly everywhere. But whether or not we go over the fiscal cliff, around the fiscal curve, or down the fiscal slope remains to be seen, but one thing is already certain: Our political debate has already gone over the cliff. Why can't we channel some of the ingenuity we clearly possess for producing manufactured crises -- and giving them catchy names -- into solving our real problems? The debate the country should be locked in right now isn't about the fiscal cliff and the deficit but about the growth cliff and the 20 million unemployed or underemployed Americans. The only way we're going to grow the economy is if we grow the debate about the economy.

Bernanke's Dire Warning

Reuters | Jonathan Spicer and Leah Schnurr | Posted 11.20.2012 | Business

NEW YORK, Nov 20 (Reuters) - Federal Reserve Chairman Ben Bernanke said on Tuesday that 2013 could be a "very good year" for the U.S. economy if polit...

The Federal Reserve Declares Independence

Diane Swonk | Posted 10.26.2012 | Business
Diane Swonk

Will open-ended easing work? Fed Opens Door on New Era In an unprecedented move, the Federal Reserve voted to expand its balance sheet by $40 billio...

Thought Of Bernanke Exit Sparks Worst Stock Selloff Since June

The Huffington Post | Mark Gongloff | Posted 10.23.2012 | Business

The stock market is freaking out like Bill Paxton's panicky marine in "Aliens," yelling "Game over, man! Game over!" All because it's afraid of losing...

Bernanke: Peace Out

Reuters | Posted 12.23.2012 | Business

Oct 23 (Reuters) - U.S. Federal Reserve Chairman Ben Bernanke has told close friends he probably will not stand for a third term at ...

Jamie Dimon Just Earned Another Pair Of Cufflinks

The Huffington Post | Mark Gongloff | Posted 10.12.2012 | Business

Ben Bernanke just can not stop rescuing banks. He's like a chocoholic, except for alcohol rescuing banks. Friday morning brought another example, w...

11 Lies About The Federal Reserve

The Huffington Post | Bonnie Kavoussi | Posted 10.08.2012 | Business

The Federal Reserve has a lot of haters, and those haters are spreading some rumors. Texas Governor Rick Perry echoed many conservatives' sentimen...

QE Infinity: What Is It Really About?

Ellen Brown | Posted 12.03.2012 | Business
Ellen Brown

It will not achieve those things because it consists of no more than an asset swap on bank balance sheets. It will not get dollars to businesses or consumers on Main Street. So what is the real purpose of this exercise?