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Ben Bernanke

A collection of news and information related to Ben Bernanke published by this site and its partners.

Top Ben Bernanke Articles

Displaying items 67-77
  • Who's the odds favorite to be next Fed chair?

    An unusual but fierce campaign over who President Obama should appoint as the next Federal Reserve chair has had Washington in a tizzy as of late. Will it be former Treasury Secretary Larry H. Summers or Fed Vice Chair Janet L. Yellen? One Irish...
  • Cleveland Fed head to step down, adding to central bank turnover

    Cleveland Fed head to step down, adding to central bank turnover
    WASHINGTON -- The president of the Federal Reserve Bank of Cleveland, Sandra Pianalto, will step down early next year, creating another vacancy among central bank policymakers as they grapple with reducing their stimulus efforts. The head of the...
  • Obama hedges on next Fed chief

    WASHINGTON — President Obama praised Lawrence H. Summers and Janet L. Yellen as "highly qualified" to be the next Federal Reserve chief, but said he had a "range of outstanding candidates" and reiterated that he would not make a decision until the...
  • July retail sales a 'mixed bag,' up slightly on back-to-school buying

    July retail sales a 'mixed bag,' up slightly on back-to-school buying
    Retail sales rose a smidgen in July, growing 0.2% amid back-to-school shopping even as auto dealers and home goods merchants lagged. The slight month-to-month uptick represents the fourth straight gain, according to the Commerce Department. Wall...
  • Who should be the next Federal Reserve chair?

    Who should be the next Federal Reserve chair?
    Federal Reserve Chairman Ben Bernanke plans to step down when his term expires at the end of January — if not sooner — and President Barack Obama is expected to nominate a successor this fall. Right now, the front-runners appear to be former...
  • Pimco's El-Erian sees no Fed interest rate rise until at least 2016

    Pimco's El-Erian sees no Fed interest rate rise until at least 2016
    WASHINGTON -- The Federal Reserve could start reducing its bond-buying program next month, but won't raise its near-zero short-term interest rate until at least 2016 -- a year later than current central bank projections suggest, Pimco Chief Executive...
  • Senator says he wouldn't trust Fed candidate Summers to cut his lawn

    Senator says he wouldn't trust Fed candidate Summers to cut his lawn
    WASHINGTON -- Forget about cutting interest rates. A Republican senator said he wouldn't even let Lawrence H. Summers, a leading contender to replace Federal Reserve Chairman Ben S. Bernanke, cut his lawn. “I wouldn’t want Larry Summers to...
  • Fed's Lockhart says he would back easing stimulus in September

    Fed's Lockhart says he would back easing stimulus in September
    WASHINGTON -- A top Federal Reserve official said Friday that he would support a reduction in the central bank's stimulus efforts in September if economic data continue to show the recovery proceeding at a moderate pace. Dennis Lockhart, president of...
  • Fed and other central banks urged to weigh impact of cuts

    As the Federal Reserve weighs an imminent cut in its extraordinary economic stimulus, many outside the United States are pleading with the Fed: "Would you consider the impact on us too?" That essentially was the message Friday from the head of the...
  • Private sector added 176,000 new jobs in August, ADP says

    Private sector added 176,000 new jobs in August, ADP says
    WASHINGTON -- Private-sector hiring slowed last month as employers added 176,000 new jobs, but the gains were consistent with the labor market's steady though unspectacular growth over the last two years, payroll processing firm ADP said Thursday....
  • Economy adds 169,000 jobs in August; unemployment rate eases to 7.3%

    Economy adds 169,000 jobs in August; unemployment rate eases to 7.3%
    WASHINGTON -- The economy added 169,000 net new jobs last month and the unemployment rate ticked down to a near post-Great Recession low of 7.3%, its lowest level since the end of 2008, the Labor Department said Friday. The job growth in August was...