Bernanke signals bold rate action to lift growth
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Federal Reserve Chairman Ben Bernanke on Thursday said the U.S. central bank was ready to act aggressively to counter a deep housing slump and credit market strains that were putting economic growth at risk.
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Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy appears on sound footing with inflation easing, and expressed confidence the current level of interest rates will cut further into price pressures.
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The U.S. Federal Reserve on Tuesday  raised interest rates for the third time this year by a quarter  of a percentage point and said the economy was regaining some  momentum, signaling at least one more to come.
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The Federal Reserve lifted short-term interest rates a quarter-point on Tuesday, continuing its bet that the economy can keep growing steadily through the Fed&#39;s rate-hike campaign.
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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 Federal Reserve, encouraged by the economy's performance, boosted a key short-term interest rate by one-quarter percentage point Tuesday, the fifth increase this year.
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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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Ben S. Bernanke sent a strong signal that the central bank will lower interest rates again this month as it attempts to stave off a recession.
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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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WASHINGTON - Federal Reserve policy-makers boosted interest rates for a third time this year, and economists believe there probably will be another increase before the year is over depending on how the economic expansion unfolds.    Fed Chairman Alan Greenspan and his colleagues pushed up the target for the federal funds rate to 1.75 percent on Tuesday, the third quarter-point upward jog since June...
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The speed at which  the U.S. economy can grow without risking inflation has likely  dropped due to slower labor force growth, but the productivity  gains that help restrain inflation should stay strong, Federal  Reserve Chairman Ben Bernanke said on Thursday.
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The Federal Reserve would raise interest rates if inflation moved higher, Fed Chairman Ben Bernanke said on Thursday, warning that the economy might be stronger than it appears.
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Ben S. Bernanke said that the central bank âstands ready to take additional actions as neededâ to limit the effect of the financial market disorder on the economy.
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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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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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Rising oil prices will weigh on economic growth, but the increases so far will not derail the expansion and need not fuel troubling inflation, Federal Reserve Board Governor Ben Bernanke said yesterday.
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Federal Reserve Chairman Ben Bernanke on Wednesday said the U.S. economy appeared sound with inflation easing, as he expressed confidence the current level of interest rates would cut further into price pressures.