Bernanke signals bold Fed action to lift growth
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Federal Reserve Chairman Ben Bernanke on Thursday acknowledged the economy faces increased risks and indicated the U.S. central bank is ready to cut interest rates aggressively to support growth.
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Federal Reserve Chairman Ben Bernanke, criticized last year for being too tentative in cutting interest rates, has shown he can act boldly. But the Fed's two aggressive rate cuts in the past eight days have left investors demanding still more.
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Ben S. Bernanke, the Federal Reserve chairman, gave a relatively upbeat forecast on inflation and the economy last week, and the markets responded with big gains.
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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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Federal Reserve Chairman Ben Bernanke on Thursday threw his support behind efforts to craft a fiscal stimulus package and repeated that the U.S. central bank was ready to act aggressively to counter recession risks.
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Federal Reserve Chairman Ben  Bernanke on Thursday threw his support behind efforts to craft  a fiscal stimulus package and repeated that the U.S. central  bank was ready to act aggressively to counter recession risks.
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Federal Reserve Chairman Ben Bernanke has indicated he is open to congressional and White House efforts to develop a rescue package to avert a recession
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Federal Reserve Chairman Ben Bernanke predicted Tuesday the economy will rebound from an anemic performance at the start of the year even if the housing slump continues.
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America's productivity probably will keep growing solidly for some time to come, an important force in bolstering living standards, Federal Reserve chairman Ben Bernanke said yesterday.
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Ben S. Bernanke said he favored quick passage of an economic stimulus package in combination with the Fedâs own measures to support economic growth.
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Rising incomes should support the   U.S. economy even as the housing market slows and consumers   lose the boost they were getting from home equity, Federal   Reserve Chairman Ben Bernanke said in a letter released on   Wednesday.
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Federal Reserve chairman Ben S. Bernanke predicted American economic growth will pick up "a bit" next year and inflation will recede.
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Federal Reserve Chairman Ben  Bernanke said on Thursday the central bank will act as needed  to help the struggling U.S. economy, but said the Fed has to be  mindful that growth should pick up later in the year.
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For the third time in as many meetings, the Federal Reserve raised a key interest rate by a quarter of a point, which experts say sends a message the economy is moving in the right direction at the right speed.
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Federal Reserve Chairman Ben Bernanke said on Thursday the U.S. economy's prospects were worsening because of a weak housing sector and credit market turmoil and said the central bank was ready to act aggressively to bolster it.
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Federal Reserve Chairman Ben S. Bernanke today gave the clearest indication yet that the central bank will move aggressively to cut interest rates to try to prevent a serious economic downturn.
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Ben S. Bernanke said the Federal Reserve was âprepared to act as neededâ to prevent market woes from spreading while the Dow closed up nearly 250 points as investors went bargain-hunting.