Gristmill (Free subscription) | 07/22/2008
By Joseph Romm In his " Semiannual Monetary Policy Report to the Congress " before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, last week, chairman of the Federal Reserve Ben Bernanke explained why oil prices are so high and are likely to stay that way for the foreseeable future: The spot price of West Texas intermediate crude oil soared about 60 percent in 2007 and, thus far...
Reuters (Free subscription) | 07/22/2008
WASHINGTON (Reuters) - The financial market impact of Federal Reserve Chairman Ben Bernanke's remarks has soared since the start of 2007 as he telegraphed crucial shifts in monetary policy, a report on Tuesday showed.
The UK Housing Bubble (Free subscription) | 07/22/2008
Back in 2002, Fed Chairman Ben Bernanke gave a speech entitled “Deflation: making sure it won’t happen here. It was a year after 911 and the US economy was dealing with the aftermath of the dot.com crash. Taken together, the two events pushed the US economy into a recession. With asset prices crashing, the Fed feared that the US might slip into a Japan-like deflation. Here is what the man said about...
Business Times Asiaone (Free subscription) | 07/22/2008
(WASHINGTON) Engulfed by economic and financial turbulence, Federal Reserve chairman Ben Bernanke has taken extraordinary steps to ease America's problems. His own finances are a bit more straightforward.
THE OUTSIDER (Free subscription) | 07/22/2008
A week ago I was watching the interview with Ben Bernanke. They asked about manufacturing. Bernanke said this is paraphrased, "There is no problem with manufacturing." The interviewer then said, "But there are huge job losses." Bernanke responded, "Productivity is up though." He said without the slightest human emotion. The Head of The Federal Reserve has no emotion, oh, this is really good. Also,...
Free Internet Press (Free subscription) | yesterday
The country slogged through slower economic growth and rising prices during the summer, packing a double whammy to people and businesses alike. The Fed's new snapshot of business conditions, released Wednesday, also underscored the challenges confronting Federal Reserve Chairman Ben Bernanke and his colleagues as they try to get the economy back on track. For now, many economists predict the Federal...
Houston Chronicle (Free subscription) | yesterday
The Fed's new snapshot of business conditions, released today, also underscored the challenges confronting Federal Reserve Chairman Ben Bernanke and his colleagues as they try to get the economy back on track.
Democratic Underground (Free subscription) | yesterday
Source: [b]NZH[/b] Engulfed by economic and financial turbulence, Federal Reserve chairman Ben Bernanke has taken extraordinary steps to ease America's problems. His own finances are more straightforward. The chairman's financial disclosure form, released yesterday, showed his holdings last year...
Seeking Alpha (Free subscription) | yesterday
Zubin Jelveh submits: Following the collapse of Fannie Mae (FNM) and Freddie Mac (FRE), Ben Bernanke's Congressional testimony last week had Fed watchers predicting interest rates would remain flat, or possibly fall, by the end of the year. But surging share prices last week and tough talk from two FOMC board members has delivered an expectations U-turn. Complete Story »
The Independent (Free subscription) | yesterday
Never regarded as the raciest of figures, the chairman of the United States Federal Reserve, Ben Bernanke, has revealed an especially dull personal approach to investment, with Canadian Treasury bonds forming a key element in his portfolio.
Odd Numbers (Free subscription) | 07/22/2008
Following the collapse of Fannie Mae and Freddie Mac, Ben Bernanke's Congressional testimony last week had Fed watchers predicting interest rates would remain flat, or possibly fall, by the end of the year. But surging share prices last week and tough talk from two FOMC board members has delivered an expectations U-turn. According to interest rate futures, investors had priced in a 42 percent chance...
Real Time Economics (Free subscription) | 07/22/2008
Federal Reserve Chairman Ben Bernanke has reasserted his dominance as by far the most market-moving Fed official, a study released Tuesday showed, after having ceded some of the spotlight to regional Fed presidents in his first year as chairman. Bernanke According to Macroeconomic Advisers, Bernanke’s speeches in 2007 and 2008 accounted for over 0.60 percentage point of [...]
The Earth Times Online Newspaper (Free subscription) | 07/22/2008
WASHINGTON (Reuters) - The financial market impact of Federal Reserve Chairman Ben Bernanke's remarks has soared since the start of 2007 as he telegraphed crucial shifts in monetary policy, a report on Tuesday showed.
The Hollywood Liberal (Free subscription) | 07/22/2008
No BottomThis Wachovia analysis about the housing market sounds a lot more realistic to me. Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson have suggested over the past year that an end is in sight. But with each prediction, things have grown worse. For many homeowners, the deep housing slump feels like a [...]
Houston Chronicle (Free subscription) | 07/22/2008
Federal Reserve Chairman Ben Bernanke has taken extraordinary steps to ease the nation's problems. His own finances are a bit more straightforward.
