Pelosi, Bernanke meet on stimulus
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House Speaker Nancy Pelosi and Fed chief Ben Bernanke met Monday to discuss how Congress might act to stimulate the slowing economy.
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The producer price index and testimony from Federal Reserve Chairman Ben Bernanke on the near-term economic outlook are this weekâs highlights.
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Changes in financial and credit conditions can amplify cyclical swings in the economy and the effect of monetary policy, Federal Reserve Chairman Ben Bernanke said on Friday.
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The White House, seeking a strong economic team to craft and sell key features of its second-term agenda, is considering tapping Federal Reserve Board member Ben S. Bernanke to serve as chairman
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The Federal Reserve opens a two-day meeting Wednesday where policymakers are likely to hold rates steady and note signs of a rebound in the US economy despite the persistent slump in housing.
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WASHINGTON -- Federal Reserve policymakers weigh a broad range of economic scenarios to determine the right moves on interest rates during times of uncertainty, Fed Chairman Ben Bernanke said Friday.
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Economic wise men, from Ben Bernanke to Robert Rubin, weighed in on the economy Thursday.
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The White House and congressional leaders struggled yesterday to preserve their newfound alliance on the economy in the face of revolts in both parties over the shape of a potential stimulus package and of debates over issues such as health care and warrantless surveillance.
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Federal Reserve Chairman Ben Bernanke told Congress on Wednesday housing market woes could dampen an expected pickup in U.S. economic growth, but he restated that the central bank's main worry is inflation.
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An economic stimulus package to help stave off recession is on the fast track in Congress after Democratic and Republican leaders in the U.S. House of Representatives on Wednesday reached a rare agreement to quickly pull together a bipartisan plan.
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Economic stimulus proposals favored by Democrats, including tax rebates, extended unemployment benefits and a temporary increase in food stamps are cost-effective ways for Congress to try to boost the economy, the Congressional Budget Office said Tuesday.
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U.S. stock futures were little changed on Tuesday before data on manufacturing and housing and a speech by Federal Reserve Chairman Ben Bernanke that could determine if stocks recover from a two-day decline.
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Federal Reserve head Ben Bernanke expects the US economy to rebound, even as the housing slump continues.
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House Ways and Means Chairman Charles B. Rangel (D-N.Y.) vowed today to reach accord with congressional Republicans and President Bush over an economic stimulus package, even snubbing his presidential candidate, Hillary Rodham Clinton, in the interest of bipartisanship.
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Federal Reserve chairman Ben S. Bernanke is suggesting that policy makers look for ways to encourage a wider range of mortgages geared for low-income and other borrowers who have been hard hit by the housing slump and credit crunch.
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Bernanke, Bush and Congress officially agree the economy needs help. Now what?
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WASHINGTON - The message from Ben Bernanke and his Federal Reserve colleagues is clear: The housing slump will drag on well into next year as credit problems linger. What's not so apparent is how they'll deal with the crisis, although another interest rate cut could come this week.