Ben Bernanke
NEW YORK, NY - APRIL 25: A trader on the floor of the New York Stock Exchange works on the floor as Fed Chairman Ben Bernanke announces that it will hold its key interest rate near zero on April 25, 2012 in New York City. According to forecasts released Wednesday, the Federal Reserve predicts that the unemployment rate will range between 7.8% and 8% this year and that the U.S. gross domestic product will be to 2.4% to 2.9% for this year, versus the estimate in January of 2.2% to 2.7%.
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Ben Bernanke, Sheila Bair, and Hank Paulson -- three Bush appointees are essentially supportive of the things we’re talking about here. If you go by the Treasury, you’ll see the portrait outside Geithner’s office of Paulson, and he takes credit for a lot of the Dodd-Frank stuff. Generally, he pushed a lot of it.
The implication of the jobs report is near-term weakness [in stocks], but there's a floor because Ben Bernanke could be there to flood the system with money. That's the psychology that's embedded in the market.
If unemployment looks like it's no longer making progress, that will be an important consideration in thinking about policy optionsMore quotes »
Newsday's coverage
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Bernanke cautious on further stimulus
-- Federal Reserve Chairman Ben Bernanke left open the possibility Wednesday of further Fed action to stimulate the economy.Speaking at a news conference, Bernanke walked a fine rhetorical line: He signaled the Fed would act more aggressively to reduce unemployment Read more »
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Bernanke comments give stocks a lift for 2nd day
stocks were buoyant Tuesday while the euro struck a near one-month high against the dollar after Federal Reserve chief Ben Bernanke indicated that U.S. monetary policy will remain loose for some time to come to spur the economy. On Monday, Bernanke said the Read more »
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Bernanke says U.S. job market weak despite gains
Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve 's existing policies will help boost growth.Bernanke says further job gains will likely require more robust consumer and business demand.Bernanke's Read more »
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That new lecturer at GW University has a day job
and Its Place in Today's Economy" -- sounds perfectly ordinary.Then there's the name of the lecturer. Not exactly ordinary: Ben Bernanke , the sitting chairman of the Federal Reserve .Four times starting Tuesday, Bernanke will take a break from his day job Read more »
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Gold plunges as Bernanke signals no bond buys
an ounce Wednesday, its lowest close since Jan. 25. Silver also fell sharply.Both metals fell after Federal Reserve Chairman Ben Bernanke gave no hint in testimony before Congress that the central bank was planning more bond purchases.Bernanke also said the Read more »
Around the web
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With The Party Almost Over, Investors Must Stay Liquid
Reserve Chairman Ben Bernanke is about to take away the punch bowl and turn on the lights, leaving investors to run for the exits. That’s because the U.S. economy is in the midst of a public finance bubble. The balance sheet of the Federal Reserve has grown 5/29/12 from Forbes Read more »
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Carney-mania in full swing in Canada – MarketWatch
your thoughts below. No registration necessary. PORT TOWNSEND, Wash. (MarketWatch) — Imagine Ben Bernanke being described as a “fiscal and economic rock star.” Or envision a major U.S. financial publication touting Bernanke as a possible Presidential — or, 5/29/12 from Wall Street Examiner Read more »
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Tuesdayfile
Facebook and Mark Zuckerberg. Zuckerberg has lost so much money in the market that President Obama is going to have him replace Ben Bernanke.” “The Center for Responsive Politics reports that President Obama has become the first politician in history to raise from Hamilton Spectator Read more »
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It's time for Swiss to join euro
bank’s balance sheet and the country’s foreign currency reserves have quadrupled. The SNB has printed Swiss francs like Ben Bernanke, the U.S. Fed Chairman, on speed and bought euros in huge quantities. The new francs have kept the currency’s value from rising from Globe and Mail Read more »
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George Melloan: Seeing Is Not Believing at Today's Fed
George Melloan Federal Reserve Chairman Ben Bernanke's new policy of openness has much to recommend it, in that it gives the markets information about current and future monetary policy that removes some of the guesswork of years past. But now that traders from Wall Street Journal Read more »
