Nov 19 The Confidence of Ben Bernanke in Germany By Elizabeth Shell "The Fed chairman's message, though scholarly in tone, was unusually blunt," wrote the Wall Street Journal, "laying blame for inflationary pressures in emerging markets and for tensions over currencies on countries like China." The Financial Times underscored another… Continue reading
Nov 19 The Confidence of Ben Bernanke in Germany For a speech by a Federal Reserve Chairman, Ben Bernanke's remarks on "global rebalancing" certainly weren't designed to fly under the radar. "The Fed chairman's message, though scholarly in tone, was unusually blunt," wrote the Wall Street Journal,… Continue reading
Nov 19 Watch Bernanke Looks to Turn Tables on Critics of Fed’s $600 Billion Move Federal Reserve Chairman Ben Bernanke spoke at the European Central Bank in Frankfurt, defending the Fed's $600 billion stimulus and calling on China and other fast-growing economies not to gain an unfair market advantage by devaluing their currencies. Jeffrey Brown… Continue watching
Nov 08 The Fed’s $600 Billion Move: Monetary Debauchery? By Paul Solman Forgive me for not answering a question today, but for posting a note about the Fed. Its decision last week: to purchase a further $600 billion of longer-term Treasury securities by the end of the second quarter… Continue reading
Nov 08 The Fed’s Latest Move: Monetary Debauchery? By Elizabeth Shell Forgive me for not answering a question today, but posting a note about the Fed. Its decision last week: to purchase a further $600 billion of longer-term Treasury securities by the end of the second quarter of 2011, a… Continue reading
Nov 03 Fed to Engage in Second Round of Quantitative Easing The Fed wants you to stop saving and start spending. That's the takeaway from today's Federal Reserve announcement, in which Chairman Ben Bernanke, as expected, announced that the Fed will be investing hundreds of billions of dollars to… Continue reading
Aug 27 The Fed Speech: Paul Solman Channels Ben Bernanke By Paul Solman Years ago, Saturday Night Live's Kevin Nealon debuted a character named "Mr. Subliminal" whom he still reprises. The gimmick: Nealon talks and then occasionally, under his breath, says what he's really thinking. In October, President Obama economic adviser Austan… Continue reading
Aug 27 Watch Shields and Brooks on White House’s Economic Predictions, Beck Rally Columnists Mark Shields and David Brooks analyze the week's top news including economic slowdown concerns, the Federal Reserve's role in propping up the U.S. economy, how John McCain staved off primary opposition and what to expect from weekend rallies in… Continue watching
Jul 06 Watch As Economy Jitters Persist, Geithner ‘Confident We’re Going to Continue to Grow’ Concerns about the economic recovery lingered on Wall Street as the service industry grew at a slower rate than expected last month. Jim Lehrer talks with Treasury Secretary Timothy Geithner about the state of the U.S. economy, a tough housing… Continue watching
Jun 09 Watch News Wrap: More Bloodshed Seen in Afghanistan In other news Wednesday, dozens more people died in new attacks across southern Afghanistan, including four NATO troops shot down in a helicopter in Helmand province. In neighboring Pakistan, seven people were killed as militants attacked a NATO convoy outside… Continue watching