In a speech to the National Economists Club that echoed dovish comments by his nominated successor, Janet Yellen, Bernanke also said that while the economy had made significant progress, it was still far from where officials wanted it to be.
In a speech to the National Economists Club that echoed dovish comments by his nominated successor, Janet Yellen, Bernanke also said that while the economy had made significant progress, it was still far from where officials wanted it to be.
Peter Hooper believes that if the fiscal drag begins to diminish that will pick up growth further in the second half of the year.
The trend in the US Labour market suggests the Fed is probably on track for a September tapering of its quantitative easing programme, says Nicholas Ferres of Eastspring.
The head of the US central bank will probably seek to use his testimony to Congress on monetary policy to calm the nerves of jittery investors worried about life without the Fed's USD 85 billion in monthly bond purchases.
Angel Commodities has come out with its report on international commodities. According to the research firm, in the evening session, precious metals, base metals and crude oil prices are expected to trade higher on the back of weakness in the DX coupled with upbeat global markets.
Karvy Stock Broking has come out with its report on currency. According to the research firm one can buy Indian rupee (USDINR) on decline.
Wealthy money managers bashed Federal Reserve Chairman Ben Bernanke's easy money policies at a closely watched annual investment conference and charitable event on Wednesday.
The US equity markets closed off their best levels Thursday, but the major indices still managed to finish higher as investors cheered a batch of better-than-expected earnings and an upbeat jobless claims report.
One of the longest and most powerful equity bull markets in history turns 4 years old today. And traders believe there is just one man to thank: Federal Reserve Chairman Ben Bernanke.
Keep in mind that markets will be closed in New York on Monday for the Labor Day holiday. Following the main body of this week‘s article you will see our end-of-week gold chart, a technical analysis.
Federal Reserve chairman Ben Bernanke commentary was along expected lines. There was no immediate action but easing options remain open by the Fed.
The US equity markets gained on hopes of likely bond buying plan by European Central Bank and likely QE3 by Federal Reserve.
World stocks and oil prices rose in choppy trade on Tuesday after a gloomy economic outlook by Federal Reserve Chairman Ben Bernanke kept alive views that the US central bank may take further steps to stimulate growth.
World stocks slipped and core government bonds steadied on Wednesday as investors trimmed positions before the end of a first quarter that has seen abundant central bank liquidity and improving U.S. economic data buoy a range of assets.
Federal Reserve Chairman Ben Bernanke comments at NABE conference lifted sentiment of the US markets on Monday.
Federal Reserve chairman Ben Bernanke comments at Congressional testimony dampen sentiment on Wednesday. US markets closed lower.
If the United States fails to raise the debt ceiling by Aug. 2, it will pay creditors first and stop benefits like Social Security payments, Federal Reserve Chairman Ben Bernanke said on Wednesday.
Gold fell on Wednesday after Federal Reserve Chairman Ben Bernanke offered no hints of further US monetary easing in a speech a day earlier, taking pressure off the dollar.
In the wake of the financial crisis, regulators are strengthening their ability to spot fault lines in the financial system, rather than focusing exclusively on specific companies, Federal Reserve Chairman Ben Bernanke said on Thursday.
The US economy is not fully recovered from its deep recession, with housing still weighing on growth, Federal Reserve Chairman Ben Bernanke said on Friday in a speech spelling out ways the US central bank has studied lower income communities.
Global markets closed out a week to remember on Friday after the Nasdaq touched a 10-year high while gold and silver broke record levels in the wake of Federal Reserve Chairman Ben Bernanke's pledge to keep pumping cheap money into the economy.
Federal Reserve Chairman Ben Bernanke on Wednesday said the US central bank could best ensure a strong dollar by creating the conditions for strong economic fundamentals.
Federal Reserve Chairman Ben Bernanke will break nearly 100 years of tradition at the UScentral bank next month when he begins talking to the media after policy meetings.
New financial regulatory reforms should help reduce the edge that large banks, with their implicit support from government, have over smaller ones, Federal Reserve Chairman Ben Bernanke said on Wednesday.