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The Fed Ben Bernanke

  • SINTRA, Portugal June 28- European Central Bank President Mario Draghi intended to signal tolerance for a period of weaker inflation, not an imminent policy tightening, when his comments sent the euro higher this week, sources familiar with Draghi's thinking said on Wednesday. The sources said Draghi wanted to acknowledge the recent, strong economic data and...

  • Former Fed Chairman Ben Bernanke.

    Former chairman of the Federal Reserve Ben Bernanke said Monday economists have a "responsibility" to help address populist frustrations.

  • LONDON, June 26- If central banks have learned anything from the Great Financial Crisis, the worst since the 1930 s, it is that you don't need runaway inflation to raise interest rates. The Bank for International Settlements, often considered the central bank to the world's central banks, warned on Sunday that policymakers should press ahead with the "great...

  • Janet Yellen

    The Fed Up economists advocate an even slower path than the one on which the committee currently finds itself.

  • WASHINGTON, June 6- Ben Bernanke has a plea for U.S. policymakers on behalf of his regulatory heirs: Keep big banks out of bankruptcy court in the event of a future Wall Street meltdown. Bankruptcy court may be the wrong place for banks to meet their maker, the former Federal Reserve chairman said on Tuesday at the Brookings Institution in Washington.

  • LONDON, June 1- History suggests that financial markets react violently when a central bank signals it is scaling back the stimulus that has kept an economy afloat- and lined the pockets of investors. That knocked nearly 7 percent off U.S. stocks, sent Treasury yields climbing more than 100 basis points, and sowed turmoil in world markets from Rio de Janeiro to...

  • *Bernanke: Japan's real equilibrium rate may be negative. TOKYO, May 24- Former Federal Reserve Chairman Ben Bernanke said on Wednesday the Bank of Japan may need to coordinate a new fiscal spending plan with the government, allowing for inflation to accelerate above its 2 percent target without worsening the debt burden. If inflation accelerated to 2 percent by...

  • *Bernanke: Japan's real equilibrium rate may be negative. TOKYO, May 24- Former Federal Reserve Chairman Ben Bernanke said on Wednesday the Bank of Japan may need to coordinate with the government's new fiscal spending program by allowing inflation to overshoot its consumer price target. Although Japan's economy has shown signs of a pick-up in recent months,...

  • May 19- Trump turmoil may not be enough- it will take an aggressive Federal Reserve to bring an end to the low volatility, rising stocks party. Given the Feds track record of managing for smooth and rising financial markets as if it were an actual mandate, this is another way of saying it will be a while. This followed reports that former FBI Director James Comey, fired...

  • LONDON, May 19- In May 2007, Ben Bernanke, then chair of the Federal Reserve, said the problems in the U.S. subprime mortgage market probably would not hurt the economy or the banking system. In Europe and Japan, growth is picking up speed, prompting the European Central Bank and the Bank of Japan to start sending signals about eventually easing their economies off...

  • LAS VEGAS, May 18- Bill Ackman said on Thursday he is poised to go on a great investment run after a humiliating bet forced his hedge fund firm to return to basics. I've got something to prove, "the billionaire told a room full of hedge fund managers and investors at the annual SkyBridge Capital industry conference in Las Vegas, known as SALT. For Ackman, that setback was...

  • LAS VEGAS, May 18- Anthony Scaramucci was soaking up plenty of love this week at his high-profile hedge fund conference even as his political ambitions remained in limbo. The outspoken Wall Street figure in January agreed to sell his SkyBridge Capital LLC on the expectation of a public liaison job with U.S. The uncertainty over a White House position allowed...

  • LAS VEGAS, May 18- Hedge fund managers said they are looking beyond the United States for investment ideas as the so-called Trump bump stock market rally shows signs it may be fizzling. Credit specialists Marc Lasry of Avenue Capital and Bruce Richards of Marathon Asset Management noted the relatively calm political climate there compared to the United...

  • LAS VEGAS, May 17- Former Federal Reserve Chairman Ben Bernanke said on Wednesday that he is "puzzled" by how little markets have reacted to major political risks, and skeptical about the Trump administration's ability to fulfill its pledges to stoke faster growth. "It puzzles me that markets are very blasé about political risk until the last minute," Bernanke...

  • Federal Reserve Board Chairwoman Janet Yellen

    A bigger fed balance sheet may mean better long-term interest rates, but if it's wrong it could mean higher inflation and higher rates.

  • *Greenberg's company Starr plans U.S. Supreme Court appeal. The Federal Circuit Court of Appeals in Washington said Greenberg's Starr International Co had no legal right to challenge the bailout because that right belonged to AIG, which chose not to sue. David Boies, Starr's lawyer, said "we respectfully disagree" with the decision and they would appeal to the U.S....

  • May 9- A federal appeals court threw out a ruling that the U.S. government illegally bailed out insurer American International Group Inc during the 2008 financial crisis, in a defeat for former chief executive officer Maurice "Hank" Greenberg. The Federal Circuit Court of Appeals in Washington said on Tuesday that Greenberg's Starr International Co lacked...

  • The Federal Circuit Court of Appeals in Washington, D.C. reversed a lower court ruling that the government committed an "illegal exaction" by receiving a 79.9 percent AIG stake in exchange for an $85 billion loan from the Federal Reserve Bank of New York. In June 2015, it won a pyrrhic victory when Judge Thomas Wheeler of the Federal Court of Claims ruled that while...

  • James Bullard, president and CEO of the Federal Reserve Bank of St. Louis.

    Continued strong demand for safe assets along with sluggish growth in the U.S. workforce will hold down U.S. interest rates for the foreseeable future, Bullard said.

  • For former Wall Street banker Kevin Warsh, who served as a Fed governor at the time of the financial crisis, the economic recovery is characterized by bloated central bank balance sheets, financial risks, and a hidebound institution that needs new approaches. Warsh, a Wall Street lawyer by training rather than one of the Phd economists who have come to dominate...