Federal Reserve Chairman Ben Bernanke delivered a mostly somber message on growth Friday, but offered no further central bank action to stimulate the moribund economy.
Bernanke looks likely to leave the door open for further quantitative easing in his speech in Jackson Hole Friday. Here's what to listen for when the Fed Chairman speaks.
Bernanke looks likely to leave the door open for further quantitative easing in his speech in Jackson Hole Friday. Here's what to listen for when the Fed Chairman speaks.
Tepid U.S. economic growth and stubbornly high unemployment makes more stimulus from the Federal Reserve "a close call", a top Fed policymaker told CNBC in an interview Thursday.
Trader will be closely watching Bernanke's speech in Jackson Hole in the week ahead for insight on the Fed's next move. Plus, the beige book, GDP, GOP convention & more.
Stocks continue to trade sideways on light volume as investors await Bernanke's speech, which is scheduled for Friday morning from the Fed's annual summit in Jackson Hole.
Federal Reserve Chairman Ben Bernanke may be willing and able to provide more monetary stimulus for the U.S. economy, but the more effective medicine—fiscal aid out of Washington—isn’t in the wings, say economists.
Investors thinking they can find both safety and yield in Treasurys are making a dangerous bet that could begin to unravel soon, especially if the Federal Reserve switches from its easing programs to an updated version of Operation Twist.
The Federal Reserve is taking too dim a view on the U.S. economy and hasn't conveyed the proper message about what its role will be in the future, Philadelphia Fed President Charles Plosser told CNBC.
Investors betting that Federal Reserve Chairman Ben Bernanke is about to come to the rescue with another round of monetary easing could be setting themselves up for a major disappointment.