Bernanke: Too early to declare lasting recovery
USA Today - Fri Dec 11, 11:14 am ETDespite some economic improvements, Federal Reserve Chairman Ben Bernanke warned Monday it is still too soon to declare that the budding recovery will last.
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Despite some economic improvements, Federal Reserve Chairman Ben Bernanke warned Monday it is still too soon to declare that the budding recovery will last.
They all laughed at Fulton and his steamboat, Hershey and his chocolate bar. And at Rep. Ron Paul , the 2008 presidential candidate who had the zany idea — as many laughing people thought — that the Federal Reserve system could become a sizzling political issue. Ben Bernanke , chairman of the Fed, who does not laugh promiscuously, knows that it is no laughing matter that Paul has 317 co-sponsors ...
Sustained high unemployment is a recipe for immense human suffering. The Federal Reserve must start lending a hand to job creation.
The Federal Reserve, meeting next week to set monetary policy, faces the tricky task of acknowledging a pick up in economic activity without spooking fragile markets into believing interest rate hikes are imminent.
Rate statement, earnings could provide needed direction to markets.
Letter of the Day: An ugly prospectEditor, Daily News:As you are aware, as part of the national health-care reform solution there is a proposed tax on aesthetic surgery procedures.I truly hope that I am not alone in vehemently objecting to such a preposterous concept. I can only imagine that the idea to tax aesthetic procedures was born in some brainstorming session and was immediately, though ...
Interest rates are not expected to change next week after a meeting by a key panel of the Federal Reserve.
The key economic event in the week to come is the FOMC's meeting on interest rates -- but don't expect any drastic moves.
Fed Chairman Ben Bernanke coined the phrase "the Great Moderation" back in 2004 to refer to the relative stability of the U.S. economy over the previous two decades. Many believe "The Great Recession" of the past two years has jolted the economy out of its moderate mode and back into a state of high volatility. Washington University in St. Louis economist James Morley disagrees. He argues the ...
In a speech, the Raymond James Financial leader sounds bullish about next year.
December 7, 2009 - Federal Reserve Bank Chairman Ben Bernanke addresses the Economic Club of Washington during the organization's winter lunch program at the Captiol Hilton Hotel in Washington, DC. "The financial system and the economy have moved back from the brink of collapse," Bernanke said.
Resist TARP temptation
It's no time to get greedy.
There's a good chance that unemployment will rise, not fall, over the next year, writes columnist Paul Krugman. But even if it does inch down, one has to ask: Why isn't the Fed trying to bring it down faster?
Earlier this year, Tom James felt so dejected about the troubled economy he couldn't even enjoy the Super Bowl spotlight on his company-branded Raymond James Stadium in Tampa.
WASHINGTON -(Dow Jones)- The Federal Reserve would have a vastly different regulatory mandate if the legislation passed by the House of Representatives Friday is enacted into law.