Jul 27 Bernanke Reflects on Fed’s Actions in Forum In a forum on the Fed's role in the handling of the economic crisis and recovery, Federal Reserve Chairman Ben Bernanke reflected on his desire not to be the Fed chief who "presided over the second Great Depression."… Continue reading
Jul 27 Watch At Forum, Bernanke Defends Fed’s Aggressive Moves At a forum in Kansas City, Mo., Federal Reserve Chairman Ben Bernanke discussed the central bank's actions in handling the economic crisis, saying he did not want to be the Fed chief who "presided over the second Great Depression." Here… Continue watching
Jul 24 Watch Other News: Obama Steps Back from Gates Comment In other news, President Obama stepped back from comments he made concerning the arrest of prominent black scholar Henry Louis Gates Jr., and Democrats in the House of Representatives agreed on a plan for cutting Medicare growth. Continue watching
Jul 22 Watch Bernanke Signals Slow Recovery, Defends Fed’s Powers Fed chief Ben Bernanke told a Senate panel on Wednesday that economic recovery should begin soon, albeit slowly at first. A financial analyst and a lawmaker speak with Ray Suarez about the testimony. Continue watching
Jul 21 Watch Bernanke Details Stimulus Exit Plan to Congress Despite recent improvements in the economy, the Federal Reserve will keep interest rates near zero, chairman Ben Bernanke told lawmakers Tuesday. Greg Ip of "The Economist" examines the chairman's testimony with Gwen Ifill, and discusses the central bank's plans to… Continue watching
Jul 21 Bernanke: Fed has Stimulus Exit Strategy By PBS News Hour Federal Reserve Chairman Ben Bernanke looked to assure lawmakers and Wall Street that the central bank will be able to scale down its massive stimulus efforts and avoid inflationary concerns when the economic recovery is more certain. Continue reading
Jul 20 Ask Fed Chief Ben Bernanke About the Economy By Business Desk Paul Solman: My longtime motto: There is no big time. But if there were, this might be your chance to become part of it. You can pose an economic question here — not to me or even one of my… Continue reading
Jun 26 Amid Recession, U.S. Savings Rate Hits Highest Mark Since 1993 By PBS News Hour As the longest recession since World War II drags on, Americans are responding by shying away from spending, opting instead to save money at the fastest pace in 15 years, a new report shows. Continue reading
Jun 25 Watch Bernanke Faces New Questions Over Role of the Fed Federal Reserve Chairman Ben Bernanke faced fresh questions from a House committee Thursday over the central bank's role facilitating Bank of America's purchase of Merrill Lynch. Experts discuss the acquisition, as well as the expanding power of the Federal Reserve,… Continue watching
Jun 24 Watch Other News: Bomb Blast Kills Dozens at Baghdad Market In other news, a bombing at a Baghdad market killed at least 69 people, and the Federal Reserve said it will leave interest rates unchanged. Continue watching