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Bernanke News
Bernanke stands by plan to keep record-low rates Ben Bernanke says the Federal Reserve is sticking with its plan to hold interest rates at record-low levels until at least late 2014, despite a pickup in hiring that's steadily lowered the unemployment rate.The Fed chairman's twice-a-year economic report to Congress, delivered Wednesday to the House Financial Services Committee, mostly mirrored his remarks in January after the Fed pushed back its
Fed's housing blueprint lost in political din
In mid-2011, with the US economy at risk of a new recession, top Federal Reserve officials began to explore a different way to shore up the recovery: looking for fixes for the battered housing market.
Bernanke says community banks have strengthened
Federal Reserve Chairman Ben Bernanke said Thursday that the health of the nation's community banks has strengthened, despite what he described as a frustratingly slow economic recovery.
Bernanke: Weak housing has hurt consumer spending
Ben Bernanke said declines in home prices have forced many Americans to cut back sharply on spending and warned that the trend could continue to weigh on the U.S. economy for years.
Jamal Mecklai: What was that bearded man thinking?
One of my market gurus recently told me, “There are two things that you don’t fight — you don’t fight liquidity and you don’t, in general, fight central banks.”
Bernanke: Job market remains weak despite gains
Ben Bernanke says the job market isn't as strong as the steadily declining unemployment rate might suggest. |
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