benbernanke

After Ben Bernanke pulled a trick from the 1960s Fed handbook to twist down long-term interest rates, experts are mixed on how it will affect the U.S. economy. Wall Street reacted negatively to the news. The Dow fell 284 points.

Fed chief Ben Bernanke proposed no new steps to boost the economy during his highly anticipated Jackson Hole speech Friday. But he did hint that Congress may have to step in to stimulate hiring and growth.

In a much-anticipated announcement, the Federal Reserve said economic weakness will require it to keep interest rates low until 2013. Stocks fell initially on the news, but later soared.

Federal Reserve Chairman Ben Bernanke said Wednesday that the central bank is prepared to provide additional stimulus if the current economic lull persists. Delivering his twice-a-year economic report to Congress, Bernanke laid out three options the central bank would consider. Bernanke said the...

No one expects Federal Reserve Chairman Ben Bernanke to pull a rabbit out of his hat after quantitative easing ends today, but he may still have a few tricks up his sleeve if the economic picture fails to improve. For now, the Fed is set to sit tight. Along with investors, Bernanke is looking for...

Politicians in both Greece and the U.S. are struggling to find the common ground necessary to keep their governments from defaulting on their debts; QE2 hasn't ended yet, and already the Fed is considering QE3; and the SEC finally starts to regulate Wall Street's hedge funds.

The Federal Reserve announced Wednesday that it would leave interest rates unchanged -- for now. For consumers, that means a holding pattern for the near term, with little impact on borrowing, great rates for mortgages, and no hikes for credit cards. By end of summer, that may change.

Janet Yellen, the president of the San Francisco Fed, is expected to be nominated as the new vice chairman of the Federal Reserve as early as today. Yellen, a strong supporter of Chairman Ben Bernanke's monetary policies, would replace Donald Kohn, who will retire in June.

If Federal Reserve Chairman Ben Bernanke can get what it takes to dig America out of the recession, why can't President Obama? "Jobs are the issue right now," Bernanke said Thursday at a hearing on his confirmation for a second term, according to the New York Times. Creating jobs is the solution,...

Premature withdrawal could prove painful -- to your pocket. Federal Reserve Chairman Ben Bernanke is apparently set to stop the central bank's purchase of mortgage-backed securities in a few months, which could contribute to a full percentage point increase in the rates of 30-year mortgages. Talk...