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The Fed Ben Bernanke

  • Bill Gross

    The U.S. cannot withstand normalizing short-term interest rates without the risk of a recession, Bill Gross warns.

  • FRANKFURT, Germany— European Central Bank head Mario Draghi is likely to tread softly on Thursday as the bank inches toward bringing an end to its monetary stimulus efforts. Analysts think it's a near-certainty that the ECB, the monetary authority for the European Union's 19- country euro currency union, will start scaling back its 60 billion euros in monthly...

  • Gary Cohn, director of the U.S. National Economic Council.

    Gary Cohn, who doesn't have the skills or experience to set monetary policy, should not be the next Chairman of the Federal Reserve.

  • WASHINGTON— The Latest on Federal Reserve Chair Janet Yellen's testimony to the House Financial Services Committee:. Federal Reserve Chair Janet Yellen's appearance before the House Financial Services Committee allowed Republicans to promote one of their favorite goals— requiring the central bank to undergo audits by the Government Accountability...

  • WASHINGTON, July 11- President Donald Trump is increasingly unlikely to nominate Federal Reserve Chair Janet Yellen next year for a second term, and National Economic Council Director Gary Cohn is the leading candidate to succeed her, Politico reported on Tuesday, citing four people close to the process. Politico said sources in the White House, the Treasury...

  • WASHINGTON, July 11- President Donald Trump is increasingly unlikely to nominate Federal Reserve Chair Janet Yellen next year for a second term, and National Economic Council Director Gary Cohn is the leading candidate to succeed her, Politico reported on Tuesday, citing four people close to the process. Politico said sources in the White House, the Treasury...

  • BOSTON, June 29- Billionaire investor William Ackman, one of the hedge fund industry's most voluble managers with opinions ranging from how companies should be run to the dangers of sugary drinks, just got himself an even bigger megaphone: a Twitter account. Using the handle, zBillAckman1, the 51- year-old investor is the latest to join the social media network...

  • 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...