Fed boss warns of weaker economy
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US Federal Reserve chairman Ben Bernanke warns that the outlook for the US economy is deteriorating.
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The U.S. economy is in troubled waters and the Federal Reserve needs to be ready to step in with a helping hand, a top official at the central bank said on Monday.
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San Francisco Federal Reserve  Bank President Janet Yellen said on Monday that the current  turmoil in financial markets has added &quot;appreciably&quot; to  downside risks for the U.S. economy.
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Federal Reserve economists think aging workers and a shrinking workweek mean the maximum sustainable U.S. economic growth rate may slow, Fed Governor Frederic Mishkin said on Thursday.
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Federal Reserve Chairman Ben  Bernanke said on Thursday the central bank will act as needed  to help the struggling U.S. economy, but said the Fed has to be  mindful that growth should pick up later in the year.
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Some policy makers caution that the central bankâs main tool to keep the economy from sliding into recession may be ill-suited to the problem it faces.
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While the U.S. economy is at some  risk of a slowdown, it will probably avoid a recession, and any  downturn is unlikely to be severe, Dallas Fed President Richard  Fisher said on Thursday.
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Cleveland Federal Reserve Bank President Sandra Pianalto said on Thursday the economy has shifted to a lower growth track given restraints led by weak housing prices and falling equities prices.
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Federal Reserve Chairman Ben Bernanke told Congress Thursday that the country's economic outlook has deteriorated and signaled that the central bank is ready to keep on lowering a key interest rate Â as needed Â to shore things up.
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Federal Reserve Chairman Ben Bernanke said on Thursday that the U.S. economic outlook had worsened, and more interest rate cuts may be needed.
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RICHMOND, Virginia  - Weaker U.S. growth means that more interest rate cuts are "quite possible" but inflation is also still a risk, Federal Reserve Bank of Richmond President Jeffrey Lacker said on Friday.
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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 said on Thursday the potential  noninflationary growth rate of the U.S. economy has likely  declined due to slower labor force growth.
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EMERYVILLE, California  - A slowdown could keep   the U.S. economy from growing at a sustainable pace into   sometime next year, San Francisco Federal Reserve President   Janet Yellen said on Tuesday.
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President of the US Federal Reserve Bank of Atlanta Jack Guynn said on Wednesday that the soft patch that the US economy hit recently was likely to be short-lived.
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The U.S. economy can weather a   slowdown in the housing sector as rising incomes and business   investment offer support, Federal Reserve officials said on   Wednesday as they pointed to inflation risks.
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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.