Janet Yellen is set to take the lead role at the Federal Reserve once Chairman Ben Bernanke steps down, and her challenge is set up for her: how to taper and begin exiting the Fed's easy stance without spooking the market or derailing the recovery.
Some holiday cheer from the one person who surely has the most reasons (over a trillion) to be thankful to Ben Bernanke for. Gross: Give “thanks,” but not your wallet to the #Fed. Begin to de-risk if you haven’t already. @federalreserve — PIMCO (@PIMCO) November 28, 2013
By Geoff Considine (Quantext): I just saw a analysis of how various asset classes performed during the four-month period after Ben Bernanke suggested that the time for the Fed to cut back on its bond purchasing program was approaching. Show More Summary
Over the past decade, Time Person of the Year honorees have included Barack Obama, Ben Bernanke and Vladimir Putin. With online poll results set to be revealed on December 6, might Miley Cyrus actually join this illustrious list of global heavyweights? The "Wrecking Ball" crooner leads voting at the moment, having earned 28 percent of user votes. Show More Summary
The past weeks have seen a surprising meeting of minds between chairman of the US Federal Reserve Ben Bernanke, the Bank of England, the Olympic-rowing and Zuckerberg-bothering Winklevoss twins, and the US Department of Homeland Security. Show More Summary
Ben Bernanke has an almost $75,000 price on his head, placed there by anonymous malcontents online. He's the biggest—but far from the only—target on Assassination Market, a "dark web" site that lets users nominate targets and contribute money to the cause using theoretically untraceable bitcoins. Kill a...
It is long past time for Vice Chair Janet Yellen, the nominee for Federal Reserve chair, and Chairman Ben Bernanke to describe the Federal Reserve stimulus hoax and the time bomb the Fed created. These Federal Reserve leaders have supported...Show More Summary
Like most fine executives who are about to retire, Ben Bernanke would like to remind us all that he is still chairman. On Tuesday he did just that, laying out where the Fed’s been, where it is now, and setting...
By Scott Minerd: On Tuesday evening at the National Economists Club, Federal Reserve Board Chairman Ben Bernanke stressed the importance of communication and the power of signals from the Fed to move financial markets. As if to underscore his message, today's release of the Oct. Show More Summary
(James Saft is a Reuters columnist. The opinions expressed are his own) By James Saft (Reuters) – If you want to know what Janet Yellen will do as Fed chair, ignore her congressional testimony and watch Ben Bernanke’s lips. Yellen, approved Thursday by the Senate Banking Committee, will get the job, but the real action [...]
Nov 21 (Reuters) – If you want to know what Janet Yellen will do as Fed chair, ignore her congressional testimony and watch Ben Bernanke’s lips. Yellen, approved Thursday by the Senate Banking Committee, will get the job, but the real action is in speeches by Bernanke, who is less inhibited as he is on [...]
For all purists still stuck in a world in which humans are the most efficient allocators of capital, and where, under Ben Bernanke's centrally-planned New Normal, shorting stocks has become blasphemy, the following table showing theShow More Summary
The former Princeton professor ends his tenure well ahead of the curve set by the likes Jean-Claude Trichet and Mervyn King. Architect of some of the most aggressive monetary policies ever conducted by a central bank, Bernanke scored...Show More Summary
Ben Bernanke’s eight-year reign as the global economy’s most influential man is coming to a close, and the Fed Chair is taking to the lecture circuit to encapsulate and defend his tenure, which may prove to be the most revolutionary in the central banks 100-year existence. Show More Summary
From Simon Black of Sovereign Man What Ben Bernanke Said At Dinner Last Night Last night I attended a private function put on by the National Economists Club where the guest of honor was none other than Ben Bernanke. You can read his full speech to the attendees here. Show More Summary
Bernanke: Fed committed to easy policy for as long as needed (Reuters) Federal Reserve Chairman Ben Bernanke said on Tuesday the Fed will maintain ultra-easy U.S. monetary policy “for as long as needed” and will only begin to taper bond buying once it is assured that labor market improvements would continue. Show More Summary
LONDON (Reuters) - Federal Reserve Chairman Ben Bernanke, who has steered the U.S. economy through the worst financial crisis and recession in many generations, has received a glowing review from economists for his overall performance two months before...
Ben Bernanke is now officially a lame duck. His successor has been nominated and has aced her confirmation hearing. His own mind has surely drifted to the days ahead on the beach or wherever he plans to go come February, … Continue reading ?
Copper steadied from the previous session's three-month lows. ||| London - Copper steadied on Wednesday from the previous session's three-month lows, helped by Federal Reserve Chairman Ben Bernanke's pledge of support for ultra-easy monetary policy and by China's plans to make its currency more flexible and market-driven. Show More Summary
Stocks are set for a third straight day of losses after a landmark speech by Ben Bernanke and a surprise increase in retail sales last month. Retail sales unexpectedly rose 0.4% last month after staying flat from August to September....Show More Summary