Bernanke signals bold Fed action to lift growth
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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 chairman, Ben Bernanke, told Congress today that the economy will grow gradually but warned of risks to the outlook and the need to guard against inflation.
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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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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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Federal Reserve chairman Ben S. Bernanke predicted American economic growth will pick up "a bit" next year and inflation will recede.
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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 said on Thursday the U.S. economy's prospects were worsening because of a weak housing sector and credit market turmoil and said the central bank was ready to act aggressively to bolster it.
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Stocks extended gains on Wednesday after Federal Reserve Chairman Ben Bernanke said he sees signs of inflation pressures starting to ease.
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Stocks index futures rose on Tuesday, with investors likely to take their cues from a speech by Federal Reserve Chairman Ben Bernanke as speculation about a reduction in interest rates ran high.
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WASHINGTON --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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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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Ben S. Bernanke said he favored quick passage of an economic stimulus package in combination with the Fedâs own measures to support economic growth.
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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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The Federal Reserve would raise interest rates if inflation moved higher, the Fedâs chairman, Ben S. Bernanke, said on Thursday.
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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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Changes in financial and credit conditions can amplify cyclical swings in the economy and the effect of monetary policy, Federal Reserve Chairman Ben Bernanke said on Friday.
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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.