U.S. Fed Chairman Bernanke Arrives for Two-Day Meeting
U.S. Federal Reserve Chairman Ben Bernanke arrives at the Federal Reserve building in Washington on Tuesday morning (December 11) ahead of a two-day meeting of the Federal Open Market Committee (FOMC) to set interest rates. Bernanke recently voiced support for numerical unemployment and inflation thresholds, in a signal that he backs adopting them to help guide expectations about when the Fed will start raising interest rates.
Federal Reserve chairman Ben Bernanke and Fed Vice Chairman Janet Yellen speak this weekend. The market prepares for manufacturing data from China and the U.S. Laura Mandaro has a look at market-moving events to watch before Monday's open and in the week ahead. Photo: Getty Images.
Federal Reserve chairman Ben Bernanke arrived for a two-day meeting for the Federal Open Market Committee (FOMC) in Washington D.C on Wednesday.
This week, most economists expect the Fed will take steps to decisively ease policy again with a third round of bond purchases to give the recovery another kick start.
It will also offer a fresh batch of forecasts for growth, unemployment and inflation - as well as projections for when interest rates will finally rise - this time stretching them o
Doreen Mogavero, president and CEO of Mogavero Lee & Co., discusses what to expect ahead of the Federal Open Market Committee's (FOMC) July meeting, whether the Federal Reserve will begin to scale back its $85 billion a month bond-buying program in September, and if Fed Chairman Ben Bernanke is preparing a QE exit strategy if he is not appointed to a third term in January.
Fed chairman Ben Bernanke expressed concern over the labor market, defended the central bank's monetary policies and left no doubt he plans to do more to lift the economy at the next meeting in September. Sudeep Reddy reports on Markets Hub.
Jason A. Weisberg of Seaport Securities weighs in on Federal Reserve Chairman Ben Bernanke's semi-annual testimony before Congress. As of 1:10 p.m. Eastern, the Dow Jones industrial average was up 81.94 points, or 0.53 percent, at 15,552.46. The S&P 500 Index was up 8.22 points, or 0.49 percent, at 1,689.11. The Nasdaq Composite Index was up 1.71 points, or 0.05 percent, at 3,611.82.
Federal Reserve Chairman Ben Bernanke, in a letter responding to questions posed by Republican Rep. Darrell Issa, chairman of the House Oversight Committee, defended actions the Fed has taken to support the economy and said there is room for the Fed to do more. Jon Hilsenrath has details on The News
Wall Street rallies for a second day and gains stay firm as the Federal Reserve begins a two-day policy meeting. The Dow had its first two-day triple-digit gain in more than a month and the rest of the market enjoys its strongest back-to-back gain in more than a week. The fate of the rally, however, may be determined by the person inside this SUV. Federal Reserve chairman Ben Bernanke -arriving for the first of a two day discussion on rates and bond buying.