Bernanke faces grilling on fiscal stimulus stance
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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 is likely to tell Congress this week the central bank is more worried U.S. inflation will flare than it is that housing market turbulence will seriously damage the economy.
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Ben S. Bernanke, chairman of the Federal Reserve, told members of Congress he would back tax cuts or spending measures, so long as they are quick and temporary.
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US Federal Reserve chairman Ben Bernanke says a fiscal stimulus programme could lift the US economy.
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Wall Street stocks were set for a better start on Tuesday, and investors were waiting to hear the latest thoughts from Ben Bernanke, the Federal Reserve chairman.
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Federal Reserve Chairman Ben Bernanke on Thursday threw his weight behind proposals for near-term actions to stimulate economic growth to ward off an election-year recession -- but warned such a plan could do more harm than good unless put together quickly.
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President George W. Bush and Federal Reserve chairman Ben Bernanke on Thursday  threw their weight behind calls for a fiscal stimulus of up to $150bn as stocks fell to their lowest levels since October 2006.
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WASHINGTON -- The Federal Reserve, under first-year Chairman Ben Bernanke, appears close to achieving the tricky maneuver of steering the U.S. economy to a soft landing.
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Changes in financial and credit conditions can amplify cyclical swings in the economy and the effect of monetary policy, Federal Reserve Chairman Ben Bernanke said on Friday.
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Fed Chairman Ben S. Bernanke said Americans are likely to let short-term events shape their long-term perceptions about price increases.
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WASHINGTON -- Unless Social Security and Medicare are revamped, the massive burden from retiring baby boomers will place major strains on the nation's budget and the economy, Federal Reserve Chairman Ben Bernanke said Wednesday.
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Federal Reserve Chairman Ben Bernanke told Congress today that lawmakers should enact a fiscal stimulus package to help beleaguered consumers as recession fears grow. Economists and politicians are increasingly worried about fallout from the subprime mortgage meltdown.
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The Federal Reserve is considering  several steps to make its deliberations more transparent, but  are likely to delay a decision on one of Chairman Ben  Bernanke's goals: an explicit inflation target, the Wall Street  Journal reported on Thursday.
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Federal Reserve Chairman Ben  Bernanke looks set to tell Congress this week that the U.S.  economy is sound, but that the central bank is still concerned  that inflation, while moderating, may not fully come to heel.
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Mr. Greenspan, chairman of the Federal Reserve, is scheduled to testify before the House Budget Committee on Wednesday on two sensitive topics: the economy and the federal budget deficit.
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Federal Reserve Chairman Ben S. Bernanke yesterday signaled that the central bank will cut interest rates aggressively to try to prevent a serious economic downturn, using unusually direct and forceful language.
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Federal Reserve Chairmen Ben Bernanke will meet on Monday with House of Representatives Speaker Nancy Pelosi to discuss how they can work together to boost the U.S. economy, a spokesman for Pelosi said.