Bernanke backs fiscal stimulus if quick
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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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President George W. Bush and Federal Reserve chairman Ben Bernanke on Thursday  threw their weight behind calls for a fiscal stimulus of up to $150bn as stocks fell to their lowest levels since October 2006.
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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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U.S. News & World Report - With a presidential election less than 300 days away and the economic expansion listing badly, the White House and Congress are cooking up a recipe for fiscal stimulus. President Bush this morning called for about $145 billion worth of tax relief and other incentives to stimulate a sagging economy and fend off a possible recession. He said a growth package must include tax incentives for business investment and "direct and rapid" tax relief for individuals. Here is the skinny:
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Fed chief says quick fix for social safety net programs vital to avoid more painful steps later. JACKSON HOLE, Wyo.  - Rising pressure on US finances from an aging population make it vital to quickly
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NEW YORK, Aug. 29 -- Stocks rallied Wednesday as investors took comfort in Federal Reserve Chairman Ben S. Bernanke's words that policymakers were "prepared to act as needed" to ease the impact of the financial markets' turmoil on the economy.
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A plausible public commitment to pursue low inflation coupled with central bank autonomy make monetary policy more effective, Federal Reserve Governor Ben Bernanke said on Friday.
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Faced with a deteriorating economy, 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 warned Congress on Thursday that increasing the size of loans mortgage companies Fannie Mae and Freddie Mac can buy could be problematic and would help only if done swiftly.
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Republican White House hopeful Fred Thompson made light of Federal Reserve Chairman Ben Bernanke's call for a quick economic stimulus Thursday and said it might be best to leave the economy alone for now.
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Federal Reserve Chairman Ben  Bernanke said on Wednesday a sharp slide in stock markets this  week has not changed the Fed's outlook for moderate U.S.  growth.
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Treasury Secretary Henry Paulson  said on Friday that any economic stimulus program should be  temporary and designed to kick in quickly if it is to be  useful.
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Federal Reserve chairman Ben Bernanke said in a letter to a US senator that the central bank would act &quot;as needed&quot; to ease the impact of a credit squeeze on the US economy.
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US Treasury Secretary Henry Paulson said Sunday he believes the US economy will continue to grow but emphasized the need to quickly implement an emergency stimulus package now in Congress.
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Washington - With the US economy expanding at a respectable pace, companies hiring and consumers inclined to spend, Federal Reserve policy makers can feel comfortable about boosting short-term interest rates for a fourth time this year.
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Federal Reserve credibility for keeping inflation low has helped cushion the economy from the shock of record oil prices, Fed Governor Ben Bernanke said on Friday.
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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.