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The Fed Ben Bernanke

  • Did the Fed avert a crisis Monday or did it just delay the inevitable sell-off?

  • Bear Stearns' second largest shareholder, Joe Lewis, said Monday JPMorgan's $2 a share offer for the investment bank is "derisory."

  • Lehman shares tumbled more than 20 percent Monday as Wall Street speculated whether or not it's the ailing banking system's next casualty.

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    Stocks were lower in early trading Monday as Wall Street digested the fire-sale buyout of an investment banking giant: Bear Stearns. CNBC brought the market pros for their perspective on the fallout.

  • Credit Crunch

    A fire sale of Bear Stearns stunned Wall Street and pummeled global financial stocks on Monday on fears that few banks are safe from deepening market turmoil.

  • The Federal Reserve headquarters in Washington, DC.

    The U.S. Federal Reserve announced emergency measures to stem a fast-spreading global financial crisis, tapping tools last used in the Great Depression to pour funds into cash-starved Wall Street firms.

  • With the FOMC meeting scheduled for Tuesday can you get ahead of the Fed?

  • Federal Reserve Board Chairman Ben Bernanke delivers the board's Monetary Policy Report to the Senate Banking Committee in Washington Wednesday, July 19, 2006. "The recent rise in inflation is of concern," and possible increases in the prices of oil as well as other raw materials "remain a risk to the inflation outlook," Bernanke said. (AP Photo/Dennis Cook)

    Fed Chairman Ben Bernanke  is throwing all he’s got at the economy, but it may not be enough to combat both a recession and credit crunch.

  • President Bush, right, makes remarks during the re-dedication ceremony of the Islamic Center of Washington in Washington, Wednesday, June 27, 2007. Center Director Dr. Abdullah Khouj is at left. (AP Photo/Gerald Herbert)

    President Bush, on a drive to bolster faith in the U.S. economy amid fears of a recession, said Friday the economy was resilient and would regain its strength despite the hard times.

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    A mortgage bailout plan hatched between Wall Street and Congress is gaining political traction even though it could be on a crash-course with the Bush administration.

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    Subprime mortgage write-downs could reach $285 billion, but an end to the write-downs is  in sight for big financial firms, S&P said.

  • The Federal Reserve headquarters in Washington, DC.

    This week's central bank efforts to unfreeze credit markets will offer only temporary relief and more pain can be expected before a market recovery, analysts said.

  • U.S. stock index futures pointed to a broadly flat open for Wall Street Wednesday, following the previous session's huge rally, as investor enthusiasm at the prospect of more liquidity and looser collateral rules by the Federal Reserve started to dwindle.

  • The Federal Reserve headquarters in Washington, DC.

    If investor Jim Rogers woke up as Ben Bernanke, he'd quit and close up the Federal Reserve for providing 'socialism for the rich,' he told CNBC Europe.

  • Traders on the floor of the New York Stock Exchange gather around a Bank of America trading post just prior to the announcement by the Federal Reserve that it had raised a key interest rate for the twelfth consecutive time, Tuesday, November 1, 2005. The Federal Reserve, still concerned about inflation, raised the interest rate to the highest level in more than four years and signaled more increases are likely.  (AP Photo/Henny Ray Abrams)

    Stocks rebounded on news of the Fed's efforts to ease credit, staging  the biggest rally of the year.  But traders hoped the Fed had even more cards to play

  • Dollar Bill

    Steps by the Federal Reserve and other central banks to pump liquidity into stressed creditmarkets will temporarily help the ailing dollar, but not provide a long-term cure as risks of a U.S. recession mount.

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    The  Fed's latest move to ease credit raised two questions:  Will it be enough to stem the crisis and will it mean a smaller interest-rate cut at next week's meeting?

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    The U.S. economy could start to see a recovery as soon as April, despite current conditions indicating a greater risk for contraction, a senior U.S. Treasury official told CNBC Europe Tuesday.

  • With the stock market under siege from the credit freeze, what can you expect from the Fed?

  • U.S. wholesale inventories rose 0.8 percent in January, while sales leapt 2.7 percent, thelargest increase in nearly four years, the Commerce Department said.