Ben Bernanke
Plan must pass to stem panic: ex-Fed's Posen
The Treasury's plan to buy distressed assets was poorly presented to politicians and US taxpayers. But it will likely work and should be passed, says Adam Posen, a Peterson Institute deputy director
House rejects Paulson plan, stocks plunge
The House of Representatives, the lower house of the US Congress, has rejected US Treasury secretary Hank Paulson's plan to buy up to $700 billion-worth of distressed assets.
Four announcements send stocks soaring
Stock markets surged on Friday on the news of sweeping crisis measures being introduced by the United States Treasury and other government institutions around the world.
Fed holds rates, room for future cuts
The Federal Reserve has defied market expectations for a cut, opting to keep interest rates on hold at Tuesday's monetary policy meeting.
Fed faces crunch call, market now prices in cut
Financial markets have dramatically adjusted expectations of the outcome interest-rate decision to be announced by the Federal Open Market Committee (FOMC) late on Tuesday.
China fund involved in Lehman bid - report
China Investment Corporation (CIC), Beijing's sovereign wealth fund, is said to be involved in a possible bid for Lehman Brothers, a beleaguered US bank.
Financial education a vital part of Fed mission
Ben Bernanke, the chairman of the Federal Reserve, believes the central bank's role as a financial educator as a vital part of its mission.
Central bankers back Fannie and Freddie takeover
Central bankers worldwide have endorsed the US Treasury's de-facto nationalisation of Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSE) that insure about half of the US's mortgage stock.
Fed will shun Mishkin's call for explicit goal
Despite Frederic Mishkin's rigorous advocation, much stands in the way of the departing governor's wish for the Fed to adopt an explicit inflation goal. But it may not need to, writes Claire Jones, the editor of Central Bank News.
Bernanke outlines steps to let a Bear go bust
Ben Bernanke, the chairman of the Federal Reserve, has laid out plans to remove the threat of banks becoming too big to fail.
Fed a "major culprit" in commodity inflation
A prominent US economist has blamed Federal Reserve policy for the surge in commodity prices.
Fed pledges to extend aid measures into 2009
The Federal Reserve moved to soothe financial market tensions on Wednesday with a fresh batch of liquidity measures, including confirmation that it will allow investment banks to borrow from its discount window into next year.
Obama talks crunch and regulation with Bernanke
Ben Bernanke, the chairman of the Federal Reserve, has discussed the credit crisis and proposals for more stringent financial regulation with Barack Obama, the Democratic candidate for the US president.
Obama praises Bernanke
Barack Obama, the Democratic candidate for the US presidency, has commended Ben Bernanke, the chairman of the Federal Reserve, for his response to the recent economic upheaval.
Senator condemns Fed
A US Senator has attacked Federal Reserve policy and called on Washington to deprive the central bank of some of its rate-setting responsibility.
Fed tightens lending standards
The Federal Reserve on Monday approved a series of measures which it hopes will protect consumers against the sort of misleading lending practices considered partly responsible for the subprime crisis.
Bernanke on the causes of the oil price surge
Ben Bernanke, the chairman of the Federal Reserve, told Congress on Tuesday that soaring oil prices were most likely the result of supply and demand factors, not speculation.
King declines bumper pay hike
Mervyn King, the governor of the Bank of England who has repeatedly called on UK employers to avoid hiking wages in line with rising inflation, has refused a salary increase that would have seen his pay soar by more than a third.
SEC memorandum a short-term fix: Bernanke
The memorandum of understanding (MOU) between the Securities and Exchanges Commission (SEC) and the Federal Reserve, introduced Monday, is only meant to address the short-term issues surrounding the regulation of investment banks, Ben Bernanke, the…
Beige Book backs up Bernanke comments
The Federal Reserve's Beige Book indicates the US manufacturing sector is passing on higher input costs to customers.
Futures markets still a useful tool: Bernanke
Policymakers should still look to futures markets to derive their price forecasts of key commodities despite their inaccuracy, Ben Bernanke, the chairman of the Federal Reserve, said.
Present doesn't mirror 1970s: Bernanke
The differences between the US economic landscape of the mid-1970s and the present are more pronounced than the similarities, Ben Bernanke, the chairman of the Federal Reserve, said.
Bernanke hints at June rate hold
The Federal Open Market Committee's (FOMC) rate-slashing cycle, which has seen rates fall by 325 basis points since September, looks to be at an end.
Markets "far from normal": Fed
Ben Bernanke, the chairman of the Federal Reserve, has stressed that "conditions in financial markets are still far from normal", although liquidity in several market segments has improved and the central bank's interventions have helped to relieve…