Bernanke pushes computer modeling
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WASHINGTON -- Inside the U S Federal Reserve headquarters, a small team is testing a forecasting program that does the work of hundreds of economists. Never before has the Fed been able to crunch in real time such a large mountain of data -- as many as 150 indicators -- to divine where the economy is headed.
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Monday was a holiday in the US - Martin Luther King day. But Ben Bernanke was in the chairman's office at the Federal Reserve, working through the holiday as he often does.
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Federal Reserve Chairman Ben Bernanke said on Friday that being predictable was the cornerstone of running a successful central bank policy.
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Seeking a strong economic team to craft and sell key features of its second-term agenda, the White House may tap Federal Reserve Board member Ben S. Bernanke to serve as chairman of the president's Council of Economic Advisers.
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Federal Reserve Chairman Ben Bernanke on Thursday threw his support behind efforts to craft an economic stimulus package and repeated that the U.S. central bank was ready to act aggressively to counter recession risks.
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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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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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Federal Reserve Chairman Ben Bernanke's testimony before the House Budget Committee on the long-term economic outlook Feb. 28, 2007.
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Stocks soared on Wednesday, sending the Dow Jones industrial average to an all-time high, as investors drew confidence from Federal Reserve Chairman Ben Bernanke's comments that inflation is poised to ease while the economy grows moderately.
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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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Federal Reserve Chairman Ben Bernanke  said on Friday that being predictable was the cornerstone of  running a successful central bank policy.
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WASHINGTON -- The Federal Reserve, under first-year Chairman Ben Bernanke, appears close to achieving the tricky maneuver of steering the U.S. economy to a soft landing.
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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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WASHINGTON -- Federal Reserve policymakers weigh a broad range of economic scenarios to determine the right moves on interest rates during times of uncertainty, Fed Chairman Ben Bernanke said Friday.
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The Dow Jones industrials set a new high yesterday after the Federal Reserve chairman, Ben S. Bernanke, told a Senate panel that the economy should grow modestly this year and that he expected inflation would continue to ease.
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Ben Bernanke, the chairman of the Federal Reserve, warns of the continuing pressures of inflation on the world's largest economy.
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Stocks rallied and the Dow industrials hit a record high on Wednesday as investors welcomed Federal Reserve Chairman Ben Bernanke's assessment that the economy would grow moderately as inflation eases.