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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 89-99
  • Fed's Fisher says stimulus tapering should begin this fall

    Fed's Fisher says stimulus tapering should begin this fall
    WASHINGTON -- Federal Reserve policymakers must “gird our loins” to start tapering the central bank’s bond-buying program this fall after the drop in the unemployment rate to 7.4%, a top official said Monday. Richard Fisher,...
  • Pimco's El-Erian says fight over next Fed chair could hurt economy

    Pimco's El-Erian says fight over next Fed chair could hurt economy
    WASHINGTON -- The heated public debate over who should be the next head of the Federal Reserve risks hurting the nation's economy and President Obama should make a decision soon to end the "circus-like atmosphere," said Pimco chief executive Mohamed El-...
  • Bank of England to keep stimulus until unemployment drops to 7%

    Bank of England to keep stimulus until unemployment drops to 7%
    WASHINGTON -- The Bank of England on Wednesday said it would maintain its stimulus program until the unemployment rate falls to 7%, following the same strategy as the U.S. Federal Reserve in providing an explicit target for when it would raise interest...
  • Adding secrecy to scandal in mortgage crisis

    Adding secrecy to scandal in mortgage crisis
    We already know that federal regulators have undermined accountability for abuses by mortgage servicing companies. In another disturbing development, the Federal Reserve and the Office of the Comptroller of the Currency (OCC) are refusing to turn over...
  • 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...