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Bernanke fights monetary easing criticism
The head of the US Federal Reserve on Sunday defended the central bank’s monetary easing measures after criticism that stimulus was to blame for destabilising capital flows around the world. Ben Bernanke said the trillions of dollars that the Fed has pumped into the world’s biggest economy in recent years…
Stocks rise on Bernanke endorsement of renewed stimulus
NEW YORK — Ben Bernanke’s much-awaited endorsement of more Federal Reserve stimulus Friday gave stocks a solid boost, though tempered by his picture of an economy that remains weak and vulnerable. The Dow Jones Industrial Average added 90.13 points (0.69 percent), closing at 13,090.84. The broad-based S&P 500 rose 7.10…
WATCH LIVE: Bernanke faces second day before Senate committee
Federal Reserve Chairman Ben Bernanke faces a second day of questions on the U.S. and world economy before a Senate committee. In his testimony Tuesday, Bernanke admitted that the U.S. economic data was “disappointing” and a declining changes to the country’s unemployment rate are “frustratingly slow.” Watch live, broadcast on…
Wall Street rises after Bernanke’s gloomy outlook
NEW YORK — US stocks closed higher Tuesday after Federal Reserve chief Ben Bernanke gave a gloomy assessment of the economy to Congress and said the Fed would act if the situation gets worse. Trade was volatile as investors appeared to shrug off Bernanke’s downbeat testimony to Senate lawmakers and…
WATCH LIVE: Bernanke speaks to the Senate Banking Committe
Federal Reserve Chairman Ben Bernanke faces the Senate Banking Committee on Tuesday as he presents his twice-yearly monetary policy report to Congress. The hearing will last for two days. The Wall Street Journal has a list of five things to watch for during the testimony. Watch live, broadcast on MSNBC…
Hayes: ‘Why the hell’ won’t Ben Bernanke listen to Ben Bernanke?
MSNBC host Chris Hayes lambasted Federal Reserve Chairman (FED) Ben Bernanke Saturday morning for what he and a number of notable economists across the political spectrum feel is Bernanke’s lack of urgency in turning around the country’s economy. Hayes was so bemused by Bernanke’s lack of aggressive action that he…
The bad faith issue in the “stupid/evil” debate
Matt has a cheeky post pointing out that Ben Bernanke’s behavior is quite explicable if you assume he’s a conservative Republican, in response to bloggers who keep suggesting that Bernanke’s behavior is irrational. I think a lot of apparently mysterious things about Ben Bernanke’s career can be solved if you…
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