(July 16, 2017 12:40 PM, by Scott Sumner) In January 2008, the US economy had fallen into recession and Ben Bernanke was already supportive of fiscal stimulus: Ben S. Bernanke, chairman of the Federal Reserve, has told lawmakers that he can support tax cuts or spending measures to... (0 COMMENTS)
With the financial system imploding in 2008, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke implored Congress to authorize $700 billion to bail out the banks or risk a total meltdown. Rep. Jeb Hensarling would have none of it. His actions then represented a key milepost...
Authored by EconomicPrism's MN Gordon via Acting-Man.com, Bernanke Redux Somehow, former Federal Reserve Chairman Ben Bernanke found time from his busy hedge fund advisory duties last week to tell his ex-employer how to do its job. Namely, he recommended to his former cohorts at the Fed how much they should reduce the Fed’s balance sheet by. Show More Summary
Former U.S. Federal Reserve Chairman Ben Bernanke suggested Sunday an income tax cut to get the economy moving is unnecessary, and the country would be better off with infrastructure spending and tax reform. “I think that it is important, as I mentioned, even though the recovery is proceeding, the...
Federal Reserve Vice Chair Stanley Fischer’s academic and policy credentials are hard to match. During his days at MIT’s economics department, he was a teacher of teacher, lecturing to Ben Bernanke, the ex-Fed chairman, and Mario Draghi,...Show More Summary
In May 2013, then Federal Reserve Chairman Ben Bernanke hinted to Congress that the Fed would consider tapering its $70 billion monthly bond-buying program. The markets reacted swiftly and
Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. He's young, he's Republican, and he was seen a key steward of the Federal Reserve's financial crisis, Chairman Ben Bernanke's right-handShow More Summary
He’s young, he’s Republican and he was seen a key steward of the Federal Reserve’s financial crisis, Chairman Ben Bernanke’s right-hand man. It’s only natural that the name of Kevin Warsh, ex-Fed governor and now a fellow at the Hoover...Show More Summary
‘The problem with Quantitative Easing is that it works in practice but it doesn’t work in theory’, dixit Ben Bernanke, previous chairman of the Federal Reserve. And he isn’t wrong because these special ‘tricks’ generally don't have the desired effect without creating negative consequences. Show More Summary
Under former chairman Ben Bernanke and current chairwoman Janet Yellen, the Fed has attracted controversy by pegging the short-term interest rate it controls to nearly zero for seven years. After one increase in December, it is still...Show More Summary
Wall Street is talking a second "taper tantrum." In 2013, then Federal Reserve Chairman Ben Bernanke announced that the Fed would taper, or gradually reduce, its bond-buying program that pumped money into the financial system. Investors...Show More Summary
You can see former Federal Reserve Chairman Ben Bernanke at the Washington Nationals baseball games. He sits behind the Nationals dugout on the first baseline and wears an ill-fitting Nats cap and jaunty shorts. The post My Kuroda! Tokyo Welcomes Treasury Investors to ‘World of Japanification’ was originally published at The Wall Street Examiner. Follow the money!
Japan and the ECB have pushed interest rates into negative territory to force feed weak economies. The former Federal Reserve Chairman says the U.S. may have to as well.
A month before he finished his tenure as chairman of the Federal Reserve, Ben Bernanke gave a reflective speech at the annual meeting of the American Economic Association. He used it to beat up on Congress. This was expected; Bernanke spent much of his second term as Fed chair lamenting the failures of fiscal policy, […]
The latest tour de porte came on Dec. 7, when the bond fund giant Pimco announced not one but three salient appointments of former leading government figures -- former Federal Reserve Chairman Ben Bernanke, ex-European Central Bank President Jean-Claude Trichet, and Gordon Brown, former U.K. 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
Ben Bernanke, the former Federal Reserve chairman, is unapologetic about the central bank’s response to the great financial crisis.
The former chairman of the Federal Reserve would not object to the Senator from Kentucky sitting down and shutting up.
Former Federal Reserve Board Chairman Ben Bernanke coined his most famous phrase – the fiscal cliff – to describe what at the time was the possibility of spending cuts and tax increase all happening at about the same time. Given the state of the economy, Bernanke said the fiscal cliff [...]
The Audio: 10-15hhs-bernanke-1 10-15hhs-bernanke-2 The transcript: HH: As promised, special couple of hours coming up here on the Hugh Hewitt Show. Dr. Ben Bernanke served as chairman of the Federal Reserve from 2006-2014. He was named Time Magazine’s person of the year in 2009, formerly a professor at Princeton and Stanford. Show More Summary