Fed Chief Signals Further Rate Cut
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Ben S. Bernanke sent a strong signal that the central bank will lower interest rates again this month as it attempts to stave off a recession.
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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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WASHINGTON -- Federal Reserve Chairman Ben Bernanke said Tuesday that risks from inflation or a worse-than-expected housing slump could further complicate things for an economy that already is in slowdown mode.
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WASHINGTON - The Federal Reserve, wanting to keep inflation at bay, is expected to boost short-term interest rates today for the third time this year, a move that would come in the final stretch of the presidential campaign.
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The Federal Reserve is expected to  lower U.S. interest rates on Wednesday as part of an ongoing  aggressive effort to spare the economy from the worst effects  of a deep housing slump and credit crunch.
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Dallas Federal Reserve President Richard Fisher on Thursday joined a chorus of officials warning that high inflation ties the hands of the U.S. central bank in its bid to blunt a sharp slowdown in the world's largest economy by lowering interest rates.
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Business & money: West's leading thinktank urges Federal Reserve to cut interest rates as housing market crisis deepens.
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The Federal Reserve Chairman Friday urged the federal government to reduce its budget deficit and to encourage greater personal saving.
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Wall Street pulled back yet again after a Federal Reserve official suggested that rising inflation could prevent the central bank from making further interest rate cuts.
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Investors banking on more  interest-rate cuts may get some clues about what comes next  from Federal Reserve Chairman Ben Bernanke, who testifies  before the Joint Economic Committee of Congress on Thursday.
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The Federal Reserve cut U.S. interest rates by a hefty half-percentage point on Wednesday as part of an ongoing aggressive effort to halt a sharp slowdown in an economy hit by a housing slump and a credit crunch.
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GOLDEN VALLEY, Minnesota  - The Federal Reserve's interest rate cuts are appropriate to restore stability in financial markets and prevent damage to the broader economy, Minneapolis Fed President Gary Stern said on Tuesday.
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Next weekâs meeting of the Fedâs policy makers is likely to focus on how much to cut rates and may mark a defining moment for the Ben S. Bernanke, the Fed chairman.
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Federal Reserve Chairman Ben Bernanke said Tuesday that risks from inflation or a worse-than-expected housing slump could further complicate things for an economy that already is in slowdown mode.
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Federal Reserve Bank of Dallas President  Richard Fisher on Monday said the U.S. central bank cut  interest rates last week to avert an unacceptable economic  slowdown and said it could move again, in either direction.
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It was another dismal week for the stock market, despite a short-lived rally on Thursday after Federal Reserve Chairman Ben Bernanke  hinted of further rate cuts.
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Former Federal Reserve Chairman Alan  Greenspan said his successors at the U.S. central bank should  act cautiously in lowering interest rates because of inflation  risks, according to an interview published on Sunday.