The Fed should "explicitly" say it will keep rates near zero until the economy is within a year of reaching Fed goals, a policymaker said.» Read More
Stocks are shaking off the Bernanke blues and look set to join European stock markets in a move higher this morning. The market took a dive yesterday when Fed Chairman Ben Bernanke reminded investors the economy is slowing, the Fed fights inflation, the housing market is uncertain, and oh yeah, he never really said he was going to cut rates.
According to Schering-Plough, 65 MILLION Americans suffer from constipation. That's nearly one in five of us. Really? Are 65 million Americans, like, constipated all the time? Once a month? Bummer. The company is touting the over-the-counter availability of its prescription strength laxative, MiraLAX. The announcement contained this little factoid which caught my eye...
Stocks closed sharply lower after being down all day on Fed Chairman Ben Bernanke's remarks that "economic uncertainty" has increased. "The market has these little flips up and down but it's been quiet and down all day long," said Mike Driscoll, head of listed trading at Bear Stearns
Federal Reserve Chairman Ben Bernanke said on Wednesday that housing market turmoil has clouded the outlook for the U.S. economy but that the central bank remains focused on ensuring core inflation moves lower. "Our policy is still oriented toward control of inflation, which we consider to be at this time to be the greater risk," he said in response to lawmakers' questions.
Judging by Ben Bernanke's past few appearances, you’ve got to admire the guy's ability to address issues in a straightforward manner -- while still providing fodder for both the bulls and the bears simultaneously.
The dollar extended losses against the yen on Wednesday, in line with the U.S. stock market's broad weakness, after Federal Reserve Chairman Ben Bernanke said U.S. economic uncertainty has increased.
A transcript, released by the Federal Reserve, of Chairman Ben S. Bernanke's testimony before the Joint Economic Committee in Washington on March 28, 2007.
Stocks are under pressure ahead of the opening as the influence of jittery oil markets adds to the week's mounting worries about the state of U.S. housing and its potential impact on the economy. Stock futures look sharply lower, and the dollar dipped after reports of weaker than expected durable goods orders.
David Jones, chief executive officer of DMJ Advisors and a former economist at the Federal Reserve, told CNBC’s “Power Lunch” that he expects the Fed to maintain interest rates at current levels until inflation is under control.
Mixed messages: analysts decoding Friday's jobs report see a slightly disappointing February, but a stronger December and January. However, the different numbers didn't stop two experts from telling "Morning Call" that the news is good.
What do you do if you are a corporate or political leader and your predecessor continues to gain media attention after retirement? Former Fed Chief Alan Greenspan has been sharing the spotlight with Ben Bernanke, who’s been chairman for more than a year. Once retired, should they just walk away quietly?
Inflation has been tamed and a slowing economy, underscored by an increase in unemployment, will lead the Federal Reserve to cut interest rates this summer.
Federal Reserve Chairman Ben Bernanke urged Congress on Tuesday to bolster regulation of mortgage giants Fannie Mae and Freddie Mac, and suggested limiting their massive holdings to guard against any danger their debt poses to the overall economy.
Former Federal Reserve chairman Alan Greenspan says that the U.S. has a ‘one-third probability’ of falling into a recession this year. Greenspan’s outlook contrasts that of his successor, Ben Bernanke, who believes that inflation is a bigger problem for the economy..so who's right?
New York Senator and presidential candidate Hillary Clinton told CNBC that this week's market turmoil "should be a real wake-up call for our country" on its foreign debt and fiscal policy.
Sure, Ben Bernanke is the current Federal Reserve chairman -- but after Tuesday's market spasm, everyone seems to be talking about Alan Greenspan and his use of "the 'R' word." But does that mean the ex-Fed chief needs to watch his mouth? Two economists took on the question of free speech versus accountability, in "Morning Call."
Former Federal Reserve Chairman Alan Greenspan was quoted as saying on Thursday that a recession in the United States is possible, though not probable this year as inventory problems in the economy are being addressed quickly, Bloomberg reported.
Federal Reserve Chairman Ben Bernanke said on Wednesday a sharp slide in stock markets a day earlier has not changed the Fed's outlook for moderate U.S. growth.
A $45 billion megawatt merger could light up at least a few stocks this week. The guarded stock market will otherwise focus on rising oil prices, housing numbers, a batch of economic data, Fed speakers, and the drama surrounding Iran. The oracle of Omaha will issue his latest words of wisdom after the bell Thursday and a few big earnings will make news. Of course, everyone will be watching the Oscars.
The Consumer Price Index report for January contained some unwelcome surprises, but the FOMC minutes offered a relatively positive one – “some improvement in core inflation.”