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The Fed Ben Bernanke

  • NEW YORK/ SAN FRANCISCO, Sept 18- The U.S. If Fed Chair Janet Yellen gets her way, financial markets that had swung wildly with past shifts to the policy will barely shrug when the asset reduction begins, probably in October. Years of planning and months of careful public messaging should make the asset-unwinding process about as riveting as "watching paint dry,"...

  • NEW YORK/ SAN FRANCISCO, Sept 18- The U.S. If Fed Chair Janet Yellen gets her way, financial markets that had swung wildly with past shifts to the policy will barely shrug when the asset reduction begins, probably in October. Years of planning and months of careful public messaging should make the asset-unwinding process about as riveting as "watching paint dry,"...

  • Her speech to the world's top central bankers in Jackson Hole, Wyoming, comes at a time when the chaos at the White House may make it more likely that she would be appointed to serve another four years to head the U.S. central bank. "Yellen's passionate defense of the post-crisis tightening of financial regulation isn't going to go down particularly well at the...

  • The Kansas City Federal Reserve's annual economic policy symposium, attended by finance officials, policy experts and academics from around the world, was first held at in Jackson Hole, Wyoming, in 1982 reportedly at the behest of keen fly-fisher and then Fed chief Paul Volcker. Almost every central banker has extolled the virtue of verbal guidance to varying...

  • Cramer's 2007 Fed rant—has anything really changed?

    "I still felt that if they were to slash rates more dramatically that they could have saved things," Jim Cramer says.

  • Watch Jim Cramer's epic 'They know nothing' rant from 10 years ago today

    Ten years ago CNBC's Jim Cramer sent a booming message heard on Wall Street and in Washington when he sounded off on then Fed Chairman Ben Bernanke.

  • The euro reached its highest point since January 2015 on Thursday at $1.1777, with a variety of factors contributing. Chief among them were increasing talk the European Central Bank will soon begin to wind down its bond-buying stimulus and the dollar's decline to 13- month lows against a basket of other major currencies. European Central Bank chief Mario...

  • President Donald Trump named on Tuesday two possible candidates to run the Federal Reserve over the next few years: current Fed Chair Janet Yellen and Trump's economic adviser Gary Cohn, according to an interview with The Wall Street Journal. In addition, Cohn, a former Goldman Sachs president who is now director of the National Economic Council, "certainly...

  • 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, 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,...