The Federal Reserve chairman, Ben S. Bernanke, said Friday that the central bank was determined to prevent the economy from slipping into a cycle of falling prices, even as he emphasized that he believed growth would continue in the second half of the year, “albeit at a relatively modest pace.”
To help sustain the economy, Mr. [...]
Posts Tagged ‘ben bernanke’
Bernanke Signals Fed Is Ready to Prop Up Economy
August 27th, 2010 by Financial Writer
Tags: ben bernanke, borrowers, central bank, economists, european central bank, Federal Reserve, IMF, interest rates
more...Vital Signs: A More Upbeat Fed?
August 2nd, 2010 by Financial Writer
On deck: FOMC meeting, leading indicators, home prices, home sales, durable goods, consumer sentiment.
The main event for the markets this week will be the Federal Reserve’s two-day policy meeting, beginning on Tuesday and concluding with the Fed’s always eagerly–awaited policy statement at 2:15 p.m. on Wednesday. Analysts expect the Fed to sound a bit more [...]
Tags: ben bernanke, commercial real estate, economic activity, economists, Federal Reserve, home prices, home sales, interest rates
Bernanke Says Extending Bush’s Tax Cuts Would Maintain Economic Stimulus
July 24th, 2010 by Financial Writer
Federal Reserve Chairman Ben S. Bernanke said extending at least some of the tax cuts set to expire this year would help strengthen a U.S. economy still in need of stimulus and urged offsetting the move with increased revenue or lower spending.
“In the short term I would believe that we ought to maintain a reasonable [...]
Tags: ben bernanke, economic recovery, economists, Federal Reserve, Global Economy, interest rates, unemployment rate, us, us economy, us stocks
Fed to Get $200 Billion Boost
February 24th, 2010 by Financial Writer
The Treasury said it will borrow $200 billion and leave the cash proceeds on deposit with the Federal Reserve, reviving a program that will make it easier for the Fed to raise interest rates when the time comes.
Officials sought to dispel the notion that the move marks a step toward tightening credit now.
Fed Chairman Ben [...]
Tags: ben bernanke, borrow, borrowing, fed, Federal Reserve, financial services, interest rates