Tag: Ben Bernanke

• Thursday, April 26th 2012 - 05:45 UTC

  Fed prepared to inject more funds to help lower unemployment

  

  Chairman Ben Bernanke on Wednesday said US monetary policy was “more or less in the right place” even though the central bank would not hesitate to launch another round of bond purchases if the economy were to weaken.

• Wednesday, April 11th 2012 - 00:38 UTC

  Bernanke says more bank regulation is needed to ensure stable financial system

  

  US Federal Reserve Chairman Ben Bernanke said banks need to have more capital at hand in order to ensure the financial system is stable. Bernanke said regulators were taking steps to force financial institutions to hold higher capital buffers, even if they allow for a long period of implementation to prevent any market disruptions.

• Tuesday, March 27th 2012 - 12:17 UTC

  Global stocks rally as Fed confirms easy monetary policy to fight unemployment

  

  Global stocks rallied on Monday while the dollar retreated after Federal Reserve Chairman Ben Bernanke said that in order to reduce unemployment, easy monetary policy should stay in place. The benchmark S&P 500 index closed at its highest level since May 2008.

• Thursday, March 1st 2012 - 04:29 UTC

  Bernanke praises Euro-zone measures, but “critical fiscal and financial challenges remain”

  

  Testifying Wednesday before the US House Committee on Financial Services, Federal Reserve Chairman Ben Bernanke said that 'critical fiscal and financial challenges remain for the Euro zone.'

• Friday, February 3rd 2012 - 18:31 UTC

  Bernanke warns US government debt relative to GDP is “clearly unsustainable”

  

  The growth of US government debt relative to GDP is “clearly unsustainable”, Federal Reserve Chairman Ben Bernanke said in a congressional testimony.

• Tuesday, December 13th 2011 - 23:33 UTC

  Fed anticipates exceptional low level rates at least through mid 2013

  

  The Federal Reserve on Tuesday made no changes to its interest rate policy but left the door open for further monetary easing next year depending on the impact of strains in the global financial markets (Europe’s debt problems).

• Wednesday, November 2nd 2011 - 18:08 UTC

  Federal Reserve in upbeat tone votes to maintain bond buying program

  

  The US Federal Reserve announced Wednesday after a two-day meeting to keep interest rates on hold and maintain its bond buying programs. The decision was entirely as expected by markets and economists.

• Thursday, October 13th 2011 - 23:20 UTC

  Fed’s 10-member split in three on stimulus measures, reveal minutes

  

  Three members of the Federal Reserve's Open Market Committee (FOMC) voted against the Fed's latest stimulus measures at its meeting last month, minutes have revealed.

• Tuesday, October 4th 2011 - 19:52 UTC

  Federal Reserve tries to calm markets; promises further action to prop the economy

  

  The Federal Reserve is prepared to take further steps to help a fragile economic recovery held back by a weak job market and financial stresses in Europe, Fed Chairman Ben Bernanke said on Tuesday.

• Thursday, September 29th 2011 - 16:31 UTC

  US jobs and GDP stats still poor, but not as bad as previously estimated

  

  US new unemployment benefit claims fell to a five-month low last week, while the economy grew slightly more than previously reported in the second quarter, according to data from the Labour Department.