Fed boss backs economic stimulus
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US Federal Reserve chairman Ben Bernanke says a fiscal stimulus programme could lift the US economy.
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Federal Reserve Chairman Ben Bernanke on Wednesday said the U.S. economy appeared sound with inflation easing, as he expressed confidence the current level of interest rates would cut further into price pressures.
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The Federal Reserve's success in controlling inflation over the past two decades has helped prevent surging energy costs from spilling over to the broader economy and sending other prices soaring, Federal Reserve chairman Ben Bernanke said yesterday.
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Republican White House hopeful Fred Thompson made light of Federal Reserve Chairman Ben Bernanke's call for a quick economic stimulus Thursday and said it might be best to leave the economy alone for now.
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DAVOS, Switzerland  - Nasdaq Stock Market  President and Chief Executive Bob Greifeld said on Thursday a U.S. stimulus package had the ability to forestall a recession in the world's largest economy.
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St Louis Federal Reserve President William Poole on Friday dismissed fears that the U.S. economy was heading into a recession.
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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.
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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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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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BILOXI, Mississippi  - Atlanta Federal Reserve Bank President Dennis Lockhart said on Saturday that the United States economy is "resilient."
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Although economists have mixed opinions whether the economy has emerged, most believe it is in good enough shape for the Fed to boost rates.
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Federal Reserve Chairman Alan Greenspan praised predecessor Paul Volcker for being willing a quarter-century ago to ratchet up interest rates to end a long bout of dangerous inflation.
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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 US economic expansion &quot;has regained some traction&quot; after a soft patch earlier this year, Federal Reserve Chairman Alan Greenspan said in an upbeat message on the economy to lawmakers.
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ST. LOUIS  - The U.S. appears likely to avoid an economic slowdown, and Federal Reserve interest rate targets are well-positioned to stabilize the economy, St. Louis Fed Bank President William Poole said on Monday.
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Bernanke's testimony bolsters support for quick action from Republicans and Democrats.
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St Louis Federal Reserve President William Poole said on Friday that oil supply shocks need not cause recessions and were no excuse for a central bank to allow inflation to escape its control.