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Global share markets were becalmed on Tuesday and the dollar struggled after Federal Reserve Chairman Ben Bernanke gave a cautious assessment of the world's biggest economy, driving investors toward government debt.
Dollar dips on Bernanke comments, shares hover HONG KONG (Reuters) - The dollar dipped on Tuesday after Federal Reserve Chairman Ben Bernanke dampened speculation of an early U.S. interest rate rise, while Asian shares steadied as investors took a breather after recent gains. European shares were...
HONG KONG (Reuters) - The dollar dipped on Tuesday after Federal Reserve Chairman Ben Bernanke dampened speculation of an early U.S. interest rate rise, while Asian shares steadied as investors took a breather after recent gains.
Despite some economic improvements, Federal Reserve Chairman Ben Bernanke warned Monday it is still too soon to declare that the budding recovery will last.
Federal Reserve Chairman Ben Bernanke warned Monday that it is too soon to know whether the economic recovery will last and again pledged to hold rates at record-low levels for an "extended period." Haraz N. Ghanbari / The Associated PressFederal...
The dollar dipped on Tuesday after Federal Reserve Chairman Ben Bernanke dampened speculation of an early U.S. interest rate rise, while shares faltered on renewed concern about the strength of the global recovery.
Federal Reserve chairman Ben Bernanke tamped down speculation that essentially zero interest rates were set to rise, saying the US recovery from recession remains fragile.
Friday's stronger-than-expected nonfarm payrolls report gave rise to renewed rate-hike speculation, so traders today naturally turned a keen ear to commentary delivered by Federal Reserve Chairman Ben Bernanke...( Read More )
Federal Reserve Chairman Ben Bernanke on Monday said the U.S. economy's recovery remained fragile and unemployment may be high for some time, cooling anticipation of an early increase in U.S. interest rates.
Chairman of the United States Federal Reserve Ben Bernanke gave a speech at the Economic Club of Washington on Monday.
Bad news is good news for a government selling debt.
Stocks ended little changed Monday, having given back a brief afternoon gain that followed comments from Federal Reserve Chairman Ben Bernanke.
The S&P 500 and Nasdaq ended slightly lower on Monday and the Dow was flat, reversing earlier gains, after comments by Federal Reserve Chairman Ben Bernanke sparked jitters about the economic recovery.
NEW YORK -- The dollar retreated somewhat late Monday after hitting its highest level against a basket of major currencies since the first week of November, as comments from Federal Reserve Ben Bernanke squashed traders' expectations of higher U.S. interest rates.
Asian stock markets fell Tuesday after the Federal Reserve's chief warned the U.S. economy would continue to struggle and Japan unveiled billions in new stimulus spending to prevent a lurch back into recession. European shares mostly posted tepid gains.
Slumping financial shares pulled the stock market mostly lower Monday after Federal Reserve Chairman Ben Bernanke
