Bernanke Is Said to Support Stimulus Measures
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The chairman of the Federal Reserve told members of Congress he would back tax cuts or spending measures, so long as they are temporary.
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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.
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Federal Reserve Chairman Ben Bernanke offered a mostly upbeat assessment of the economy Wednesday, citing improvements in inflation and housing in comments suggesting the Fed will leave interest rates alone for a while.
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Economic stimulus proposals favored by Democrats, including tax rebates, extended unemployment benefits and a temporary increase in food stamps, are cost-effective ways for Congress to try to boost the economy, the Congressional Budget Office said Tuesday.
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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 S. Bernanke said the US economy will pick up in the coming year and emphasized that inflation remains his greatest concern.
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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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As Ben S. Bernanke, the chairman of the Federal Reserve, meets with policy makers to set interest rates this week, it is clear that he has earned credibility with Wall Street.
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Federal Reserve Chairman Ben Bernanke said on Wednesday that increased immigration can help support the aging U.S. population, but that on its own it will not solve coming economic challenges.
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Federal Reserve Chairman Ben S. Bernanke today said that the U.S. economy will be "sluggish" for months to come but should begin to recover later this year.
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Federal Reserve Chairman Ben Bernanke said on Wednesday this week's sharp stock market drop had not changed the Fed's view that the U.S. economy was sound, remarks that helped shaken markets regain confidence.
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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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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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Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy appears on sound footing with inflation easing, and expressed confidence the current level of interest rates will cut further into price pressures.
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Federal Reserve Chairman Ben  Bernanke told Congress on Wednesday the U.S. economy will grow  gradually this year and gain steam in 2008, but warned there  are many risks to the outlook and stressed the U.S. central  bank is on guard against inflation.
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A slowdown in the US economy could justify a pause in the Federal Reserve&#39;s interest rate increases, Fed Governor Ben Bernanke said on Thursday.
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Top House leaders discussed plans for tax rebates, breaks for business and additional food stamp and unemployment insurance benefits as President Bush and Federal Reserve Chairman Ben Bernanke voiced support for steps to avert a recession.