WASHINGTON -- Congressional Republicans criticized the Federal Reserve on Thursday for working to reduce unemployment and revive the housing market rather than maintaining a single-minded focus on inflation. The Fed's chairman, Ben S. Bernanke, was sharply questioned by members of a House committee about the Fed's announcement last week that it...
THE year has started so splendidly for stock investors that it may seem churlish to point out that there are any lingering problems at all. Despite a ho-hum week, the Standard & Poor's 500-stock index has already gained more than 4.6 percent in the young year, and emerging markets have done even better. The Hang Seng index in Hong Kong has risen...
WASHINGTON -- The Federal Reserve, which does not like to surprise financial markets, has worked unusually hard to prepare the public for the changes to its communications policies that it plans to introduce on Wednesday. While the changes could make it easier for the Fed to move ahead with another round of asset purchases later this year, by...
Ben Bernanke (født 13. december 1953) er en amerikansk økonom og er chef for den amerikanske centralbank siden 1. februar 2006. Han har fået sin universitetsuddannelse på Harvard University og sin ph.d. fra Massachusetts Institute of Technology. Herefter har han undervist på bl.a. Stanford University og London School of Economics samt været professor på Princeton University. Han var fra august 2002 til juni 2005 menigt medlem af bestyrelsen for den amerikanske centralbank, og blev derefter rådgiver for George W. Bush, der den 24. oktober 2005 nominerede ham som efterfølger for centralbankdirektør Alan Greenspan, der gik på pension.