WASHINGTON, DC - MAY 22: Federal Reserve Board Chairman Ben Bernanke testifies during a hearing before the Joint Economic Committee May 22, 2013 on Capitol Hill in Washington, DC. Bernanke was on the Hill to give his views on the current economic outlook.
If we see continued improvement and we have confidence that that is going to be sustained, then in the next few meetings, we could take a step down in our pace of purchases. If we do that, it does not mean that we are automatically aiming towards a complete wind-down.
This view is shared not just by the industry but from leaders such as Federal Reserve Chairman Ben BernankeMore quotes »
Federal Reserve's bond buying may wind down
over when to slow its aggressive efforts to stimulate the economy.Its uncertainty burst into view Wednesday, when chairman Ben Bernanke testified to Congress in the morning and in the afternoon the Fed released the minutes of its last policy meeting.Stock Read more »
Markets choppy before Bernanke testimony
of a less-easy monetary policy has put a brake on stocks this week and helped support the dollar.On Wednesday, Fed Chairman Ben Bernanke will appear before lawmakers Congress and the central bank will release minutes of its most recent policy meeting. Both Read more »
Your Finances: Combating low returns
isn't like Federal Reserve Board chairman Ben Bernanke and his colleagues have it in for old people -- I'm sure they are all very respectful of their elders.But their policy of holding interest rates as low as they need to be to keep the economy in modest Read more »
Irwin: Who will be the next chair of the Federal Reserve?
Bernanke has another ten months in his term as Federal Reserve chairman, but that hasn't stopped the economic punditocracy from beginning an obsession over who will take charge of monetary policy for the world's largest economy come February 1, 2014.However, Read more »
Fed stands by stimulus, sees healthier economy
falls to 6.5 percent.An unemployment rate of 6.5 percent is a threshold, not a "trigger" for a possible rate increase, Chairman Ben Bernanke said at a news conference."We are seeing improvement," he said. "One thing we would need is to see this is not temporary Read more »
Around the web
Editorial: Time for the Federal Reserve to ease up on stimulus
Reserve Chairman Ben Bernanke told Congress last week that the central bank might start to cut back its main economic stimulus program later this year. The minutes of the Fed's most recent meeting showed that he's getting pushed by some of his fellow policymakers 12 m ago from Chicago Tribune Read more »
Global Foreign Exchange Market
chairman Ben Bernanke's testimony to the Joint Economic Committee that “premature tightening risks slowing or ending recovery” drove the USD index to close above 84 highest in the last 5 years. With this statement, it quashed any thoughts that the Fed was 7:22 PM from The Star Malaysia Read more »
Why One Trader’s ‘Sort of Spooked’
happening in the stock market, Karen Finerman of Metropolitan Capital Advisors said Friday. In Federal Reserve Chairman Ben Bernanke's comments about the possibility of tapering quantitative easing, Finerman saw a warning sign. "I was sort of spooked by the 6:36 PM from CNBC Read more »
What the Latest Fed News Means for You
and analysts Charly Travers, James Early, and Ron Gross discuss the top business and investing stories of the week. On Wednesday, Ben Bernanke told Congress that the U.S. job market is still weak and it's too soon for the Fed to end the stimulus program. Some 6:14 PM from WalletPop Read more »
Bernanke Too Gloomy on Job Market
economy be able to overcome the federal budget cuts that are projected to curb the expansion. Federal Reserve Chairman Ben S. Bernanke yesterday said the job market is still weak, one reason why policy makers will continue buying bonds in a bid to keep interest 5:18 PM from GulfToday.ae Read more »