Result Page 76 for Ben Bernanke news & latest pictures from ibtimes.com

Fed officials: Economy mending, but weakness persists

Federal Reserve officials said on Thursday that while the recession-battered economy is on the mend, it will be weak for a while and the Fed is likely to keep its extensive support policies in place for a while.

Fed backing for council seen boosting reform chances

Congressional approval of an Obama administration plan to create a systemic risk regulator for the U.S. economy looks more likely after lawmakers noted a change in tone by the Federal Reserve on Thursday.

Bernanke backs away from regulation revamp

Bernanke, Rep. Frank trim sails on risk

The head of the Federal Reserve and a key U.S. lawmaker on Thursday backed away from a controversial provision of the Obama administration's financial regulation reform plan, saying new oversight by the Fed on systemic risk should be shared with other regulators.

More news

Fed officials say policy path hard to communicate

U.S. Federal Reserve officials mused about the timing and pace of the central bank's removal of its unprecedented support for the economy on Friday, saying the shift could be abrupt and might be hard to communicate to financial markets.

IBT Staff Reporter Sep 25, 2009

Fed to note economic improvement, may hint on exit

The U.S. Federal Reserve is expected to take note of an improving economy at the close of a meeting on Wednesday, while cautioning that high unemployment puts the recovery at risk.

IBT Staff Reporter Sep 23, 2009

Recovery bets lift Wall Street

Stocks rose on Tuesday, as investors bet the U.S. Federal Reserve will stick to its accommodative policy to foster economic recovery, boosting growth-sensitive sectors such as financials, technology and industrials.

IBT Staff Reporter Sep 22, 2009

Wall Street jumps on recovery bets

Stocks rose on Tuesday, as investors bet the Federal Reserve will stick to its accommodative policy to foster economic recovery, boosting growth-sensitive sectors such as financials, technology and industrials.

IBT Staff Reporter Sep 22, 2009

Wall Street rises on recovery bets; Fed in focus

U.S. stocks rose on Tuesday, as investors bet that the U.S. Federal Reserve will stick to its accommodative policy to foster the economic recovery, boosting growth-sensitive sectors such as financials, technology and industrials.

IBT Staff Reporter Sep 22, 2009

Holiday spending seen flat

U.S. holiday spending is expected to be flat versus a year ago, as consumers remain cautious and the national unemployment rate hovers at nearly 10 percent, Deloitte said in a forecast released late on Sunday.

IBT Staff Reporter Sep 21, 2009

Stocks' rise hinges on Fed and data

U.S. stocks could extend their rally and the Dow industrials may climb above 10,000 this week, should the Fed's policy-makers and economic data support the view the economy is recovering from recession.

IBT Staff Reporter Sep 20, 2009

Obama cites economic growth, but not enough new jobs

President Barack Obama in an interview aired Sunday said all signs point to the U.S. economy starting to grow again but there may not be enough new jobs created until next year.

IBT Staff Reporter Sep 20, 2009

Cuomo subpoenas 5 Bank of America directors

Ratcheting up pressure on the largest U.S. bank, New York Attorney General Andrew Cuomo has subpoenaed five current or former Bank of America Corp directors to learn what they knew about Merrill Lynch & Co's problems as the companies prepared to merge.