Emerging market currencies are sliding on Wednesday, ahead of the US Federal Reserve's December meeting, when it is widely expected to announce a hike in interest rates. Fed Chairman Janet Yellen will likely announce that the Federal...Show More Summary
Season 5, Episode 8 On this week’s episode of Freakonomics Radio, two interviews: first, former Fed chairman Ben Bernanke, who was handed the keys to the global economy just as it started heading off a cliff. And then Anne-Marie Slaughter,...Show More Summary
Former Fed chairman Ben Bernanke is joining a new advisory board at PIMCO. According to a press release on Monday, the new Global Advisory Board will also be made up of Gordon Brown, former UK prime minister, and Jean-Claude Trichet,...Show More Summary
Jim Pethokoukis draws my attention to Ted Cruz's theory of why the Great Recession was so great. Here is Joseph Lawler describing Cruz's questioning of Fed chairman Janet Yellen yesterday: Cruz began a round of questioning by stating that, in the summer of 2008, “the Federal Reserve told markets that it was shifting to a tighter monetary policy. Show More Summary
Former Federal Reserve Chairman Ben Bernanke's editorial in The Wall Street Journal on October 5, 2015 had headlines: "How the Fed Saved the Economy" and "Full employment without inflation is in sight. The central bank did its job".Show More Summary
Former Fed chairman sees potential emerging market risks as US prepares to increase rates.
In a talk in London, the former Fed chairman also expressed concern over the monetary firepower of central banks.
The Fed chairman did what was necessary to hold the financial system together after the 2008 Lehman bust. Yet his memoirs reveal that he still doesn’t understand the dangers posed by low interest rates, or the difficulties of escaping from his extraordinary monetary remedies.
The former Fed chairman is out promoting his new memoir. Appearing in an interview with ABC’s George Stephanopolous, former Fed Chairman Ben Bernanke was confronted with comments in his new book comparing Democratic presidential nominee...Show More Summary
Appearing in an interview with ABC’s George Stephanopolous, former Fed Chairman Ben Bernanke was confronted with comments in his new book comparing Democratic presidential nominee Bernie Sanders to a conspiracy theorist for believing that the world is at the mercy of “a vast conspiracy...
From former Fed chairman Ben Bernanke, in his new memoir, The Courage To Act: [I] lost patience with Republicans’ susceptibility to the know-nothing-ism of the far right. I didn’t leave the Republican Party. I felt that the party left me. This is, of course, a deliberate echo of Ronald Reagan's famous line about the Democratic Party leaving him. Show More Summary
"I didn’t leave the Republican Party," Ben Bernanke wrote. "I felt that the party left me."
``Former Fed Chairman Ben Bernanke said Monday that he was not sure the economy could handle four quarter-point rate hikes... That argument assumes the Fed can raise rates 100 basis points and it wouldn't hurt anything, Bernanke said. Show More Summary
Former Fed chairman says some execs should have gone to jail for their roles in the GFC.
For those who may be unfamiliar - which would mean roughly 90% of the US population who believe the Federal Reserve is a national park - Ben Bernanke was Fed chairman from 2006 until 2014. He is better known as the Fed chairman who never launched a tightening cycle during his tenure. Show More Summary
The US stock market has been inflating almost continuously since Black Monday in October 1987 when the newly arrived Fed Chairman, Alan Greenspan, panicked and opened up the money spigots. ^SPX data by YCharts In fact, the S&P 500 had...Show More Summary
The former Fed Chairman talks income inequality, bank bailouts, and the recent financial crisis he's called the "worst in human history"
The Fed chairman, Janet Yellen, has also said she expects an increase this year – if economic indicators stay strong. The European Central Bank governing council meets in Frankfurt on 3 September, while the Fed’s policy-setting committee gathers on 16-17 September. The vice chairman assured attendees that the Fed is reasonably confident that inflation will
Government is "basically an insurance company with an army," says former Fed chairman.
Commenting on former Fed Chairman Ben Bernanke's recent comments that the US economy is dependent on maintaining a colossal defense budget, Brookings Institution Senior Fellow Michael O'Hanlon clarified that Bernanke also meant that spending must be kept within certain rational limits, lest it simply add to the debt and become a resource drain.