Bernanke backs quick fiscal stimulus
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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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Ben Bernanke on Tuesday fueled expectations of a vigorous bounce-back in US growth in the second quarter following very weak first quarter growth.
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CAMBRIDGE, Massachusetts  - Swings in volatile energy and food prices will have minimal impact on inflation as long as expectations of future price gains are held steady, Federal Reserve Chairman Ben Bernanke said on Tuesday.
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U.S. Treasury Secretary Henry Paulson on Friday said that there was an urgent need for a fiscal stimulus program to give the slowing economy a boost but said it was not in danger of stalling.
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A consensus that the struggling U.S. economy needs rescue emerged on Thursday as the powerful Federal Reserve chairman backed the idea and President George W. Bush urged a quick and temporary fiscal package.
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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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US Federal Reserve chairman Ben Bernanke says a fiscal stimulus programme could lift the US economy.
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Ben Bernanke says Federal Reserve is ready to act aggressively if needed to support growth
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The stimulus package being hashed out between Congress and the White House, along with the Fedâs recent rate cut, should give a modest boost to the U.S. economy by mid-2008, the I.M.F. said.
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Federal Reserve Chairman Ben Bernanke said Thursday that he did not believe the growing number of mortgage defaults would seriously harm the economy
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Federal Reserve head Ben Bernanke expects the US economy to rebound, even as the housing slump continues.
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Treasury Secretary Henry Paulson on Friday said that there was an urgent need for a fiscal stimulus program to give the slowing economy a boost but said it was not in danger of stalling.
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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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Ben Bernanke on Tuesday fuelled market expectations of a vigorous bounce-back in US growth in the second quarter following very weak first-quarter growth.
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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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Treasury Secretary Henry Paulson said there was an urgent need for fiscal stimulus to give the slowing economy a boost but said it was not in danger of stalling.
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Federal Reserve Chairman Ben S. Bernanke told Congress yesterday that the markets were "working well" and the outlook for the U.S. economy was upbeat a day after Wall Street suffered its steepest decline in nearly four years.