Ben Bernanke Stories
A list of the most recent stories about Ben Bernanke.
ECB cuts benchmark interest rate to 0.5 percent
The European Central Bank cut its key interest rate to a record low 0.50 percent Thursday and announced other measures to spur lending and help lift the euro area out of a stubborn recession. The bank also extended its offer of unlimited, cheap loans to banks at least through July ...
Fed keeps stimulus, says taxes and cuts have hurt
The Federal Reserve cautioned America's political leaders Wednesday that their policies are hurting the economy. The Fed stood by its aggressive efforts to stimulate the economy and reduce unemployment. But it sent its clearest signal to date that tax increases and spending cuts that kicked in this year are slowing ...
Text of the Federal Reserve's statement Wednesday
Here is the statement the Federal Reserve released Wednesday after its two-day policy meeting: Information received since the Federal Open Market Committee met in March suggests that economic activity has been expanding at a moderate pace. Labor market conditions have shown some improvement in recent months, on balance, but the ...
No policy changes are expected as Fed ends meeting
The Federal Reserve is widely expected Wednesday to stick with its aggressive efforts to strengthen a still-subpar economy. The Fed will likely end a two-day meeting with a statement noting that job growth remains modest and that it's standing by its campaign to keep loan rates at record lows to ...
Fed likely to stick with low-rate stance this week
A combination of scant inflation and still-modest U.S. economic growth will likely lead the Federal Reserve this week to maintain its drive to keep borrowing costs at record lows indefinitely. The Fed has said it plans to keep its key short-term interest rate near zero at least until the unemployment ...
Economic gains may not help Democrats much in 2014
Presidents like to take credit for economic recoveries, just as President Barack Obama is angling to do now. He and his allies in Congress have "walked the economy back from the brink," his new 2014 federal budget blueprint asserts. And Democrats hope these improvements, while still slow and uneven, will ...
Recession doesn't change students' econ savvy
The Wall Street meltdown of 2008 and the ensuing recession did little to help make high school seniors financially savvy and less than half of them have a solid understanding of economics, according to an Education Department report released Tuesday. In real terms, that might mean that students might have ...
Bernanke to miss conference, hinting at departure
Ben Bernanke is intensifying speculation that this year will be his last as Federal Reserve chairman by deciding to skip the Fed's annual August conference in Jackson Hole, Wyo. Jackson Hole has long been a high-profile platform for speeches by Fed chairmen. Since taking over the Fed in 2006, Bernanke ...
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