Bernanke: U.S. is not Japan, and I have not changed my mind

April 26, 2012


Of all the questions Federal Reserve Chairman Ben Bernanke was asked during his press conference on Wednesday, one appeared to pique his interest in particular: Was he being less aggressive as central bank chairman than the advice he dished out to Japan as an academic in the 1990s would prescribe?

Q&A: Fed poised to adopt inflation target

January 12, 2012

The Federal Reserve could announce an official inflation target as early as its January 24-25 meeting, part of an ongoing effort to boost transparency.

Bernanke at the O.K. Corral

August 26, 2011

They didn’t treat Federal Reserve Chairman Ben Bernanke ugly in Wyoming — as Texas Governor and Republican Presidential candidate Rick Perry suggested they might in his state — but they gave him food for thought.

Bernanke word cloud highlights recovery

August 26, 2011

Federal Reserve Chairman Ben Bernanke is a lot more focused on “recovery” than “risks,” and more voluable about “growth” than “challenges,” if one goes by a word cloud of his speech at the Kansas City Fed’s annual Jackson Hole meeting on Friday. But “crisis” also loomed fairly large, as did its solution, “policy” and “policies.” In word clouds, the biggest letters are reserved for the words that get repeated the most; the fewer mentions, the smaller the print.

Bernanke testifies before Congress

July 13, 2011

Live video coverage of this event has concluded. A video report on Federal Reserve Chairman Ben Bernanke’s semi-annual Congressional testimony on monetary policy is below and here is our story on highlights of Bernanke’s testimony.

On the wings of doves

October 1, 2010

Fed officials eager to give the ailing job market some relief are showing their stripes – or perhaps their feathers – and adding to their ranks, making it seem more likely the U.S. central bank will provide further monetary easing.

Bernanke Who?

December 9, 2009

When it comes to investing in a turbulent market, is ignorance bliss? According to a new survey by IBM, around half of U.S. investors have never heard of Federal Reserve Chairman Ben Bernanke. This, despite the fact that 67 percent say the global financial crisis has prompted them to pay greater attention to financial news. More than one-third could not identify the current unemployment rate. In case you missed it, the jobless rate eased to 10 percent in November after hitting a 26-1/2-year high of 10.2 percent in October.

Bernanke’s Tax-Cut Flip-Flop

December 4, 2009

Ben Bernanke is trying to have it both ways.

In testimony before the Senate Banking Committee on Thursday, the Federal Reserve Chairman argued that he had tried as much as possible to stay away from fiscal issues that are outside the purview of the central bank. Democratic Senator Jack Reed, of  Rhode Island, asked Bernanke whether, like his predecessor Alan Greenspan, he thought former president George W. Bush’s tax cuts had been appropriate.

Just don’t call them Marxists

October 5, 2009

BofA Merrill Lynch economist Ethan Harris isn’t buying what he calls “extreme perma-bear stories” about the U.S. economy. A couple of weeks of disappointing U.S. economic data, culminating in Friday’s weak employment report , revived concerns that the economy was struggling to reach recession escape velocity.

Oops, forgot about Bernanke!

October 1, 2009

U.S. Representative Barney Frank forgot one minor little detail in Thursday’s hearing on overhauling the financial regulatory system — the witness, Federal Reserve Chairman Ben Bernanke.