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Ben Bernanke

U.S. Growth Slowed At Year's Start But Some See Rebound

U.S. Growth Slowed At Year's Start But Some See Rebound

By Paul Wiseman and Christopher S. Rugaber WASHINGTON -- Don't panic yet. The government reported Friday that the economy got off to a tepid start this year, but that doesn't foreshadow a repeat of the near-standstill that happened in 2011. "The economy is firmly on a growth trajectory," said Sung Won ...

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Bernanke Says U.S. Job Market Weak Despite Gains

Bernanke Says U.S. Job Market Weak Despite Gains

By Martin Crutsinger WASHINGTON -- Chairman Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve's existing policies will help boost growth. ...

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Fed Chief Ben Bernanke Gets 'Day Job'

Fed Chief Ben Bernanke Gets 'Day Job'

By Martin Crutsinger WASHINGTON -- As college courses go, the name - "Reflections on the Federal Reserve and Its Place in Today's Economy" -- sounds perfectly ordinary. Then there's the name of the lecturer. Not exactly ordinary: Ben Bernanke, the sitting chairman of the Federal Reserve. ...

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No New Action Expected On Interest Rates As Fed Weighs Job Gains

No New Action Expected On Interest Rates As Fed Weighs Job Gains

By Martin Crutsinger WASHINGTON -- Since the Federal Reserve's policymakers last met in January, the job market has shown more muscle. Employers have hired more than a half million people. The unemployment rate is down. ...

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Bernanke: Job Market Remains Weak Despite Gains

Bernanke: Job Market Remains Weak Despite Gains

By Martin Crutsinger WASHINGTON (AP) -- Ben Bernanke says the job market isn't as strong as the steadily declining unemployment rate might suggest. Responding to questions at a Senate hearing Tuesday, he noted that the unemployment rate doesn't capture the plight of millions of people who have stopped ...

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Bernanke: Long-Term Unemployment A National Crisis

Bernanke: Long-Term Unemployment A National Crisis

By MARTIN CRUTSINGER WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke said Wednesday that long-term unemployment is a "national crisis" and suggested that Congress should take further action to combat it. He also said lawmakers should provide more help to the battered housing industry. Bernanke ...

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Four to Five Years Before Return to 'Normal' Jobless Rate

Four to Five Years Before Return to 'Normal' Jobless Rate

Federal Reserve Chairman Ben Bernanke gave a mixed economic review on '60 Minutes.' On the one hand, Bernanke said, "At the rate we're going, it could be four, five years before we are back to a more normal unemployment rate." During the downturn, 8.5 million jobs had been lost and only about 1 million had ...

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