Bernanke, Paulson set to discuss economy
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Fighting to keep the U.S. economy afloat, Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson will give Congress fresh insights into economic and financial conditions greatly strained by the one-two punch of the housing and credit crises.
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House of Representatives Speaker Nancy Pelosi on Monday said at a meeting with Federal Reserve Chairman Ben Bernanke that she hopes Congress and the central bank can coordinate a plan to boost the economy and head off a possible recession.
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Bernanke, Bush and Congress officially agree the economy needs help. Now what?
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Ben Bernanke has tried hard not to follow his predecessor Alan Greenspan into the political arena by commenting on fiscal policy, but the Federal Reserve chief will find it difficult to stay above the fray this week.
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Federal Reserve Chairman Ben Bernanke said on Thursday that the U.S. economic outlook had worsened, and more interest rate cuts may be needed.
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Congressional leaders and Treasury Secretary Henry Paulson are narrowing their differences in search of a bipartisan economic stimulus deal that could move swiftly through Congress.
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Top House leaders will continue talks with Treasury Secretary Henry Paulson on a plan to try to jolt the economy out of its slump.
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Analysis: The Fed and Treasury join forces to explain the state of the U.S. economy.
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WASHINGTON -- Federal Reserve policymakers weigh a broad range of economic scenarios to determine the right moves on interest rates during times of uncertainty, Fed Chairman Ben Bernanke said Friday.
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Federal Reserve policy-makers started a two-day meeting on Wednesday that is widely expected to lead to a decision to hold interest rates steady and a restatement of concerns about inflation.
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U.S. Federal Reserve officials  approach a key meeting next week worried both about not raising  interest rates enough to avert inflation and doing more than is  needed at the expense of economic growth.
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Federal Reserve chairman Ben S. Bernanke said the US economy will pick up in the coming year and emphasized that inflation remains his greatest concern.
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Major currencies were little changed as market players awaited a speech by Federal Reserve chairman Ben Bernanke tomorrow, key US employment data on Friday and a euro zone interest rate decision on Thursday.
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Some quotes from the Senate Banking Committee's hearing on the economy, with Federal Reserve Chairman Ben Bernanke, Treasury Secretary Henry Paulson and Christopher Cox, chairman of the Securities and Exchange Commission:
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Ben Bernanke, the man who holds the reins of the economy, likes to listen. Now he's starting to say what's on his mind
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Federal Reserve Chairman Ben  Bernanke said on Thursday that the U.S. economic outlook had  worsened, and more interest rate cuts may be needed.
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Federal Reserve Chairman Ben Bernanke and Treasury Secretary Hank Paulson both acknowledged problems in the U.S. economy Thursday, but both believe the nation will avoid falling into recession.