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Bernanke Looks Impotent as Fed's Fixes Fail

Economic woes may be beyond cure by monetary medicine

By Jim O'Neill, Newser User

Posted Mar 17, 2008 11:11 AM CDT

(Newser) – Ben Bernanke has employed virtually every tool in the Federal Reserve's kit to calm markets panicked by the credit crisis, but hasn't scored any more than temporary rallies, Bloomberg reports in a look at the markets' fading faith in the Fed chief—and the Fed... Read full story »

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Bernanke Looks Impotent as Fed's Fixes Fail

Economic woes may be beyond cure by monetary medicine

Ben Bernanke • Federal Reserve • Bear Stearns • recession • credit market • housing crisis • Whac-A-Mole • Alan Blinder

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Bernanke Tosses Out His Rule Book

As Wall Streets meltdown accelerates, the Fed chief adapts on the fly

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Fed's actions key strong economic reports, signs of market recovery

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Many tech workers not seeing US slump

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Economy in far worse shape than analysts predicted

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