Bernanke Says Fed Is Prepared to Act
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The Fed chief 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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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.
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Federal Reserve Governor Ben Bernanke said Monday the US economy will be able to weather higher oil prices. Speaking at a banking conference in Washington, Bernanke said that oil
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The Federal Reserve must stand ready  to raise interest rates for fear the economy is growing faster  than realized and could be placed at risk if inflation surges,  Fed 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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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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Ben S. Bernanke signaled that the Federal Reserve was not inclined to lower interest rates any time soon.
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Federal Reserve Chairman Ben  Bernanke expressed confidence on Wednesday in the health of the  U.S. economy despite a housing slowdown, but warned of risks to  the current generally benign outlook for inflation.
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Federal Reserve Chairman Ben Bernanke on Thursday threw his weight behind proposals for near-term actions to stimulate economic growth to ward off an election-year recession -- but warned such a plan could do more harm than good unless put together quickly.
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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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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.
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Federal Reserve Chairman Ben  Bernanke looks set to tell Congress this week that the U.S.  economy is sound, but that the central bank is still concerned  that inflation, while moderating, may not fully come to heel.
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The Federal Reserve would raise interest rates if inflation moved higher, Fed Chairman Ben Bernanke said on Thursday, warning that the economy might be stronger than it appears.
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Federal Reserve Chairman Ben Bernanke renewed a warning to the U.S. Congress on Wednesday that failure to take action soon to prepare for the retirement of aging Baby Boomers could lead to serious economic harm.
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Federal Reserve chairman Ben S. Bernanke said stock markets "seem to be working well" after yesterday's global rout and the central bank still expects the U S economy to pick up.
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Federal Reserve head Ben Bernanke expects the US economy to rebound, even as the housing slump continues.