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 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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The Federal Reserve looked set to  lift U.S. interest rates on Thursday for a 17th straight time  and will likely hold the door open to pushing them even higher  in coming months to ward off inflation.
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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.
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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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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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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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Ben S. Bernanke said today 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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The Federal Reserve yesterday raised its key interest rate for the fifth time since June, signaling that it expects the economy to grow moderately and interest rates to rise gradually in the new year.
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Stocks rose sharply and the Dow industrials hit a record high on Wednesday, boosted by comments from Federal Reserve Chairman Ben Bernanke that the economy will grow moderately as inflation eases.
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Federal Reserve policymakers today raised interest rates by another notch for the fifth consecutive time this year amid signs of a strengthening economy.
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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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Investors banking on more interest-rate cuts may get some clues about what comes next from Federal Reserve Chairman Ben Bernanke, who testifies before the Joint Economic Committee of Congress on Thursday.
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GREENVILLE, South Carolina  - 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 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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Stock index futures rose on Wednesday before Federal Reserve Chairman Ben Bernanke's congressional testimony, which could give a hint about the outlook for interest rates, and retail sales data.
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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.