Oil Won't Derail U.S. Expansion -Bernanke
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Rising oil prices will weigh on U.S.  economic growth but the increases seen so far will not derail  the expansion, Federal Reserve Board Governor Ben Bernanke said  on Monday.
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JACKSON HOLE, Wyoming  - The Federal Reserve is set to act as needed to limit impacts of financial turmoil on the economy but will not bail out investors who made poor decisions, Fed Chairman Ben Bernanke said on Friday.
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U.S. stock futures were little changed on Friday as oil prices fell and investors braced for economic data and a speech by Federal Reserve Chairman Ben Bernanke that could shed light on the interest-rate outlook.
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Federal Reserve Chairman Ben Bernanke vowed Friday to do all that is necessary to protect the national economy from the ill effects of a global credit crunch &#151; but not to bail out investors and lenders "from the consequences of their financial decisions."
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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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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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WASHINGTON - This year's surge in energy prices is likely to have far less of an impact on the economy than the oil shocks of the 1970s, Federal Reserve Chairman Alan Greenspan said Friday.    Greenspan predicted that the global economy will adjust to the recent surge in prices, which has seen oil topping $50 per barrel, by boosting energy exploration and production and by increasing fuel efficiency...
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WASHINGTON - This year's oil price surge will not be a replay of the oil shocks of the 1970s and 1980s that sent the United States into a series of recessions, Federal Reserve Chairman Alan Greenspan said Friday.    Greenspan delivered a generally upbeat assessment of the economy's ability to withstand this year's spike in oil prices, but he added a significant qualifier...
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Ben Bernanke says Federal Reserve is ready to act aggressively if needed to support growth
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Surging energy prices are acting like a double whammy on the country's economy, crimping growth even as they push up inflation, Federal Reserve Chairman Ben Bernanke said Thursday.
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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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Record oil prices are creating  headwinds for the U.S. economy but do not place its recovery at  risk, Dallas Federal Reserve Bank President Robert McTeer said  on Monday.
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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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Federal Reserve Chairman Ben Bernanke told Congress Wednesday that the economy should grow modestly this year despite lingering pain from a housing slump and he stuck to the Fed's forecast that inflation will continue to ebb.
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Rising oil prices will weigh on U.S. economic growth, but the increases seen so far will not derail the expansion and need not fuel a troubling inflation, Federal Reserve Board Governor Ben Bernanke said on Monday.
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ALBUQUERQUE, N.M.  - High oil prices will probably  brake U.S. growth but will not derail the economy provided they  do not rise sharply from current levels, top Federal Reserve  policymakers said on Tuesday.
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Federal Reserve Chairman Ben  Bernanke told Congress on Wednesday the U.S. economy will grow  gradually this year and gain steam in 2008, but warned there  are many risks to the outlook and stressed the U.S. central  bank is on guard against inflation.