Jan 17 Quick Implementation Best for Economic Boost, Fed Chair Says By Admin, PBS News Hour Federal Reserve Chairman Ben S. Bernanke told lawmakers Thursday it is "critically important" that an economic stimulus package take effect quickly to ward off a recession, recommending the government get cash into peoples' hands as soon as possible. Continue reading
Nov 08 Watch Bernanke: U.S. Economy Faces ‘Sluggish’ Growth Outlook Federal Reserve Chairman Ben Bernanke on Thursday predicted "sluggish" U.S. economic growth after the dollar reached an all-time low against the euro and jittery investors kept close watch on surging oil prices. A business journalist and an economist offer analysis… Continue watching
Oct 31 Watch Fed Makes Another Rate Cut to Boost Economy For the second time in two months, the Federal Reserve cut key interest rates Wednesday. A financial analyst describes what the Fed's decision may mean for the American economy. Continue watching
Oct 16 Watch Housing, Credit Crunch, Oil Prices Spur Economic Jitters Treasury Secretary Henry Paulson delivered a somber assessment of the U.S. economy Tuesday, calling the housing and credit crunch "the most significant current risk" to the economy. Financial experts look at the factors affecting the nation's economic health, including sky-high… Continue watching
Sep 19 Watch Greenspan’s Book Explores U.S. Economy, His Time as Fed Chairman In the second of a two-part conversation, Jim Lehrer talks with former Federal Reserve Chairman Alan Greenspan about the impact of the Federal Reserve and his recently published book, "The Age of Turbulence."… Continue watching
Aug 31 Watch President Bush, Bernanke Weigh In on Credit Crisis President Bush announced a series of measures Friday intended to help ease the credit crunch caused by mortgage defaults, while Federal Reserve Chairman Ben Bernanke said he would monitor the situation. Continue watching
Jul 20 Watch Dow Hits Record High, But Housing Foreclosures Rise The Dow Jones Industrial Average topped a record 14,000 this week, but other concerns about the economy remained, including an increase in housing foreclosures. A columnist explains the economic factors. Continue watching
Jun 06 Watch Dow Continues Dive After Fed Chief Expresses Inflation Concerns Federal Reserve Chairman Ben Bernanke this week expressed concerns over core inflation and noted a slowing economy, cooling housing market, and lower consumer spending, leading investors to expect another interest rate hike. Continue watching
May 10 Watch Federal Reserve Hikes Key Interest Rate to 5 Percent In an effort to curb the growing rate of inflation, the Federal Reserve raised a key short-term rate to a five-year high of 5 percent and warned that future interest rate increases may be needed. Economics correspondent Paul Solman discusses… Continue watching
Oct 24 President Bush Nominates New Fed Chairman By PBS News Hour President Bush on Monday selected Ben Bernanke, chairman of the president's Council of Economic Advisers, to replace Alan Greenspan at the head of the Federal Reserve. Continue reading