Bernanke faces grilling on fiscal stimulus stance
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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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Mr. Greenspan, chairman of the Federal Reserve, is scheduled to testify before the House Budget Committee on Wednesday on two sensitive topics: the economy and the federal budget deficit.
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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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Federal Reserve Chairman Ben  Bernanke will accompany Treasury Secretary Henry Paulson and  other cabinet officials to Beijing next month to try to  persuade China to alter its economic policies, senior U.S.  government officials said on Thursday.
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U.S. Federal Reserve officials  approach a key meeting next week worried both about not raising  interest rates enough to avert inflation and doing more than is  needed at the expense of economic growth.
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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 yesterday signaled that the central bank will cut interest rates aggressively to try to prevent a serious economic downturn, using unusually direct and forceful language.
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Federal Reserve Chairman Ben Bernanke on Thursday held the door open to more interest rate cuts to help the struggling U.S. economy, but told Congress the central bank expects growth to pick up later in the year.
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Seeking a strong economic team to craft and sell key features of its second-term agenda, the White House may tap Federal Reserve Board member Ben S. Bernanke to serve as chairman of the president's Council of Economic Advisers.
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Federal Reserve chief Ben S. Bernanke told lawmakers today it is "critically important" that any economic stimulus package take effect quickly if it is to help ward off recession, and the White House announced that President Bush would make a speech Friday laying out his criteria for such a program.
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Federal Reserve Chairman Ben  Bernanke said in a letter released on Thursday that  interest-rate policy must be forward looking and rely on the  central bank&#039;s view of how the economy is evolving.
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The U.S. economy is poised to expand at a moderate rate and "uncomfortably high" core inflation should ease, but price risks are tilted mostly to the upside, Federal Reserve Chairman Ben Bernanke said on Tuesday.
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House of Representatives Speaker Nancy Pelosi on Monday said at a meeting with Federal Reserve Chairman Ben Bernanke that she hopes Congress and the central bank can coordinate a plan to boost the economy and head off a possible recession.
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A slowdown in the US economy could justify a pause in the Federal Reserve&#39;s interest rate increases, Fed Governor Ben Bernanke said on Thursday.
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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.
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As Bernanke calls for new mortgage rules on Capitol Hill, the rate cut afterglow appears to be fading.
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Fed Chairman Bernanke struck a familiar chord Wednesday but with some concern about subprime problems spilling into the broader economy.