Fed Chief Sees More Traction in Expansion
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Alan Greenspan, chairman of the Federal Reserve Board, said on Wednesday that the economic expansion had &quot;regained some traction&quot; after the slowdown this summer and
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A plausible public commitment to pursue low inflation coupled with central bank autonomy make monetary policy more effective, Federal Reserve Governor Ben Bernanke said on Friday.
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Ben S. Bernanke said that he expects the economy to regain speed after a few months of âsluggishâ growth.
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The U.S. 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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The U.S. economy could be seeing a  "great rotation" from household spending to investment that  will set the stage for more healthy growth, Federal Reserve  Bank of Dallas President Richard Fisher said on Wednesday.
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The U.S. economy is growing well, inflation is well contained and the Federal Reserve will raise interest rates at a measured pace to keep a lid on price pressures, Federal Reserve Governor Susan Bies said on Monday.
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The Federal Reserve can raise interest raise at a measured pace because US economic growth is ``solid&#39;&#39; and rising energy costs haven&#39;t yet sparked concern about a broader acceleration of inflation, Fed Governor Susan Bies said.
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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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The Fed Chairman struck a familiar chord but showed some concern that subprime woes may spill into the broader economy.
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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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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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There is room for American workers'  wages to grow and reason to expect it, Federal Reserve Chairman  Ben Bernanke Thursday told congressional critics who said pay  wasn't keeping pace with profits.
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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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US Federal Reserve policy-makers probably will keep nudging interest rates upward next year, trying to guard against inflation but moving moderately enough to keep the economy expanding.
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The economic expansion has firmed, yet inflation remains tame, Alan Greenspan, Federal Reserve chairman, said yesterday. That buttressed economists' views that the Fed for now will stick with its gradual approach to raising interest rates.
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The U.S. economy should grow about 4.0 percent next year, giving the Federal Reserve room to continue raising interest rates at a measured pace,  Philadelphia Fed President Anthony Santomero said on Friday.
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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.