Ben Bernanke
Fed's latest Beige Book
The latest Beige Book of the American Federal Reserve suggests that, on balance, the world's largest economy continues to expand on a balanced path. The report gave very little clues as to the extent and timing of future interest changes.
Mixed message from Bernanke
Testimony today from Ben Bernanke, the chairman of the Federal Reserve, before the House of Representatives Committee on Financial Services gave a somewhat mixed message as he predicted that while he expects economic growth to pick up slightly next year…
Fed's Monetary Policy Report to Congress
The Fed's seminannual report to the American congress, which was released at the start of chairman, Ben Bernanke's testimony on 18 July, paints a rosy picture of the outlook for the world's largest economy.
Expectations not perfectly anchored, says Bernanke
Ben Bernanke, the chairman of the Federal Reserve, says inflation expectations in the United States remain "imperfectly anchored", even if they seem much better anchored now than they were a few decades ago.
Madigan appointed as key aide to Bernanke
The Federal Reserve Board yesterday named Brian F. Madigan as the chief adviser on interest rates to its chairman, Ben Bernanke.Madigan will take over as director of the division of monetary affairs on 23 July.
Fed keeps rates at 5.25% for 12th month
The Federal Reserve held interest rates steady 28 June, citing "modest" improvements in recent inflation readings. Fed rates have now remained at 5.25% for 12 months.
Fed under fire in Washington over supervision
In spite of the successes of his first 16 months in office, the relations of Ben Bernanke, the chairman of the US Federal Reserve, with the American Congress are deteriorating as the country's central bank is threatened with having some of its authority…
Banks still matter most - Bernanke
Federal Reserve Chairman, Ben Bernanke, says the Fed has retained the ability to control financing costs, despite the fact that nonbank lenders and capital markets have replaced banks as sources of credit for many households and businesses.
Bernanke: US inflation slowing, but risks remain
Federal Reserve Chairman Ben Bernanke says US core inflation "seems likely to moderate gradually over time", but there are "upside" risks to this forecast.
Roach dismisses global savings glut
Morgan Stanley's chief economist, Stephen Roach, has poured cold water on the "global savings glut" hypothesis championed by Fed chairman, Ben Bernanke, as the underlying cause of global economic imbalances.
Johnson leaves the Fed
Karen Johnson, director of the Division of International Finance at the Federal Reserve Board, will step down after nearly a decade in this position.
Policy pitfalls in an asset-dependent world
In this week's edition of his weekly market commentary Morgan Stanley Chief Economist, Stephen Roach, says that American policymakers should stop blaming others for the global imbalances.
Governors matter - new paper
This new working paper from the Peterson Institute for International Economics looks at whether or not monetary policy expectations are affected by the appointment of a new central bank governor.
Fed's Lacker: core inflation still too high
Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, said on 22 May that core inflation was still too high and rising expectations of future price pressures was a source of concern.
Fed's Bernanke on the subprime mortgage market
In the speech 'The subprime mortgage market' given on 17 May Ben Bernanke of the Federal Reserve said a rash of mortgage problems is not expected to affect the broader economy and the Fed would move to crack down on abusive lending practices.
King hints that Greenspan's comments are unhelpful
Mervyn King, governor of the Bank of England, told a press conference on Wednesday 16 May that it isn't helpful for former central bankers to comment on aspects of monetary policy or economic conditions.
Bernanke on regulation and financial innovation
In the speech 'Regulation and financial innovation' given on 15 May Ben Bernanke of the Federal Reserve said gave his view on the hedge fund debate saying central banks and financial regulators should resist the temptation to devise ad hoc rules for each…
Bernanke and Co should do nothing
According to this article from John Berry at Bloomberg, published Friday 4 May, Federal Reserve officials will not change interest rates Wednesday amid conflicting evidence about where the US economy is headed.
Is Bernanke wrong on inflation?
According to this article from Bloomberg on Monday 30 April, a housing slump in the US may drive the US economy into recession, prompting the Federal Reserve to cut interest rates.
Fed's Bernanke on the challenges of free trade
In the speech 'Embracing the challenge of free trade: Competing and prospering in a global economy' given on 1 May Ben Bernanke of the Federal Reserve said a move to a protectionist stance for threatened American industries and workers from foreign…
Fed's Bernanke on financial education
In a speech given on 25 April Ben Bernanke of the Federal Reserve said the increase in financial products means that consumers have to be increasingly more financially sophisticated.
BOJ's Fukui signals confidence in US economy
Bank of Japan governor Toshihiko Fukui on Thursday 12 April repeated his optimism over the U.S. economy, saying it has a "high probability" of achieving a healthy slowdown despite signs of moderating business investment and high inflation rates.
Fed says what it means -- No interest rate cut
According to this article published Friday 13 April by John Berry of Bloomberg, the Federal Reserve has shown over the last three weeks that communicating the finer points of monetary policy decisions isn't easy.
Bernanke on financial regulation & invisible hand
In the speech 'Financial regulation and the invisible hand' given on 11 April Ben Bernanke of the Federal Reserve said the current market-based system is the best way to regulate the trillion-dollar hedge fund industry although improvements can be made.