Subprime losses could hit $100 billion: Bernanke
549524
U.S. Federal Reserve Chairman Ben Bernanke said on Thursday that subprime mortgage losses could hit $100 billion and threaten consumer spending, but he sought to reassure lawmakers that the central bank was working quickly to strengthen lending regulations.
708249
Problems in the U.S. subprime  mortgage market are unlikely to push the U.S. economy into a  recession over the next 12 months, the top economist for a  leading U.S. business group said on Tuesday.
353628
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.
32708
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.
664169
WASHINGTON -- Federal Reserve Chairman Ben Bernanke urged Congress on Tuesday to bolster regulation of mortgage giants Fannie Mae and Freddie Mac, and suggested limiting their massive holdings to guard against any danger their debt poses to the overall economy.
715806
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.
419146
Federal Reserve Chairman Ben Bernanke is likely to tell Congress this week the central bank is more worried U.S. inflation will flare than it is that housing market turbulence will seriously damage the economy.
302287
Wall Street banks are bracing for another wave of multibillion-dollar losses as the crisis that began with subprime mortgages spreads through the credit markets.
225858
Many members of the Bank of Japan policy board agreed in early July that there was uncertainty in the outlook for adjustments in the American housing markets because of subprime mortgage problems, minutes of the central bankâs meeting of July 11-12 showed. Some members said it was not highly likely that the subprime loan problems would severely affect credit markets, the minutes showed, but if that were to happen, there was a âpossibility that global financial and economic conditions could be badly affected.â The nine-member board agreed by an 8-1 vote to keep the overnight call rate target at 0.50 percent. The policy makers maintained the view that the United States economy would probably achieve a soft landing toward the end of the year.
136641
Chinese policy-makers risk losing control of their economy unless they let the yuan rise in value and strengthen their financial system, U.S. Federal Reserve Chairman Ben Bernanke said on Friday.
123153
Lenders will have to confirm that a borrower can afford a mortgage before making a loan under protections proposed by the Federal Reserve on Tuesday, following defaults and losses on U.S. subprime mortgages this year.
194373
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.
160000
The crisis in the US housing market risks spreading to the whole of the nation&#39;s economy, European Central Bank chief Jean-Claude Trichet said Monday on behalf of world central bankers.
702059
Federal Reserve Chairman Ben Bernanke on Wednesday warned lawmakers that as the country's baby boomer generation ages, funding shortfalls to government programs such as Medicare and Social Security will create an unsustainable fiscal situation.
599299
JACKSON, Wyo., Aug. 31 -- Federal Reserve Chairman Ben S. Bernanke said Friday that the central bank was willing to take action to ease damage to the economy from troubled financial markets, and President Bush introduced a plan to help people who are at risk of losing their homes to foreclosure.
690010
Federal Reserve chairman Ben S. Bernanke is suggesting that policy makers look for ways to encourage a wider range of mortgages geared for low-income and other borrowers who have been hard hit by the housing slump and credit crunch.
685700
Federal Reserve officials on Friday  said falling home prices and financial market turmoil are big  risks to the U.S. economy but pledged that the central bank  would not shrink from taking bold steps to support growth.