Fed Chief Cautious on Economy
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The chairman, Ben Bernanke, told Congress today that the economy will grow gradually but warned of risks to the outlook and the need to guard against inflation.
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Federal Reserve Chairman Ben Bernanke said Thursday that he did not believe the growing number of mortgage defaults would seriously harm the economy
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The U.S. economy is poised to expand  at a moderate rate and "uncomfortably high" core inflation  should slow, but inflation risks are "primarily to the upside,"  Federal Reserve Chairman Ben Bernanke said on Tuesday.
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Federal Reserve Chairman Ben Bernanke said on Thursday that the U.S. economic outlook had worsened, and more interest rate cuts may be needed.
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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 Bernanke told Congress Wednesday that the economy should grow modestly this year despite lingering pain from a housing slump and he stuck to the Fed's forecast that inflation will continue to ebb.
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Federal Reserve Chairman Ben  Bernanke told Congress on Wednesday the U.S. economy will grow  gradually this year and gain steam in 2008, but warned there  are many risks to the outlook and stressed the U.S. central  bank is on guard against inflation.
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Federal Reserve Chairman Ben Bernanke on Thursday threw his support behind efforts to craft an economic stimulus package and repeated that the U.S. central bank was ready to act aggressively to counter recession risks.
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The U.S. economy is in troubled waters and the Federal Reserve needs to be ready to step in with a helping hand, a top official at the central bank said on Monday.
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Ben Bernanke has tried hard not to  follow his predecessor Alan Greenspan into the political arena  by commenting on fiscal policy, but the Federal Reserve chief  will find it difficult to stay above the fray this week.
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WASHINGTON -- The Federal Reserve, under first-year Chairman Ben Bernanke, appears close to achieving the tricky maneuver of steering the U.S. economy to a soft landing.
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Fed Chairman Bernanke struck a familiar chord Wednesday but with some concern about subprime problems spilling into the broader economy.
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Federal Reserve Chairman Ben Bernanke expressed confidence on Wednesday in the health of the U.S. economy despite a housing slowdown, but warned of risks to the current generally benign outlook for inflation.
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Federal Reserve Chairman Ben Bernanke told Congress on Wednesday the U.S. economy will grow gradually this year and gain steam in 2008, but warned there are many risks to the outlook and stressed the U.S. central bank is on guard against inflation.
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The economy is set to grow at a sluggish pace in coming months but there are risks that elevated levels of inflation excluding food and energy may not recede, Federal Reserve Chairman Ben Bernanke said on Tuesday.
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LAREDO, Texas  - Dallas Federal Reserve Bank President Richard Fisher on Monday said the U.S. economy appears to be weathering troubles in housing and financial markets, but it was uncertain how things will play out.
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Federal Reserve Chairman Ben  Bernanke looks set to tell Congress this week that the U.S.  economy is sound, but that the central bank is still concerned  that inflation, while moderating, may not fully come to heel.