Bernanke: Economy Slowing As Expected
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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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JACKSON HOLE, Wyoming  - The Federal Reserve is set to act as needed to limit impacts of financial turmoil on the economy but will not bail out investors who made poor decisions, Fed Chairman Ben Bernanke said on Friday.
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GREENVILLE, South Carolina  - The U.S. economy's   noninflationary speed limit has likely dropped due to slower   labor force growth, but productivity should stay strong,   Federal Reserve Chairman Ben Bernanke said on Thursday.
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The Fed chief said he saw little cause for alarm in either the previous dayâs stock market plunge or new evidence of slowing economic growth.
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Federal Reserve Chairman Ben  Bernanke expressed confidence on Wednesday in the health of the  U.S. economy despite a housing slowdown, but warned of risks to  the current generally benign outlook for inflation.
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Federal Reserve Board Governor  Randall Kroszner said on Wednesday the U.S. central bank must  consider the lags with which interest rate changes affect the  economy, saying it looked set to slow.
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Federal Reserve Chairman Ben  Bernanke said on Thursday that the U.S. economic outlook had  worsened, and more interest rate cuts may be needed.
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The U.S. economy is forecast to slow slightly next year, and inflation is expected to ease from this year's pace, the Philadelphia Federal Reserve Bank said on Tuesday.
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Federal Reserve Chairman Ben  Bernanke said in a letter obtained on Friday that chances of an  economic crisis in China were low, but that the possibility of  a "hard landing" for the economy could not be dismissed.
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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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Federal Reserve Chairman Ben Bernanke on Wednesday estimated that the decline in housing construction could reduce gross domestic product growth later this year by a percentage point.
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Federal Reserve chairman Ben Bernanke predicted yesterday the economy will rebound from its anemic start of the year even if the housing slump persists. Wall Street slid, taking the news as a sign the Fed won't lower interest rates.
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Ben S. Bernanke said 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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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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High oil prices are slowing the economy, two members of the Federal Reserve warned yesterday. `There&#39;s going to be a little bit of a slowdown effect,&#39;&#39; admitted Fed board member Ben Bernanke.
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A slowdown could keep  the U.S. economy from growing at a sustainable pace into  sometime next year, San Francisco Federal Reserve President  Janet Yellen said on Tuesday.
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Federal Reserve Chairman Ben Bernanke told Congress on Wednesday housing market woes could dampen an expected pickup in U.S. economic growth, but he restated that the central bank's main worry is inflation.