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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: Ben Bernanke

Ben Bernanke stories: 248 news summaries

81 - 100 of 248 Stories | << Prev 1 2 3 4 5 6 7 8 9 ... 13 Next >>

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Fed Looks to Raise Cash
With Its Own Debt Issue

Economy's dive prompts central bank to get more creative with financing programs

Dec 10, 08 7:32 AM CST
(Newser) - The Federal Reserve’s balance sheet has more than doubled to $2 trillion since August as it’s financed new programs and bailed out ailing businesses, prompting the central bank to weigh issuing its own debt for the first time, reports the Wall Street Journal. The Fed, looking for... More »

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Ben Bernanke • Federal Reserve • debt • AIG • Treasury Department • financial crisis • Treasury bills

ANALYSIS

Forget Obama and Congress; Bernanke Has Most Tools

Fed taking a big gamble

Dec 8, 08 12:58 PM CST
(Newser) - Barack Obama’s economic team and its plans get the big headlines, but let’s not forget that Ben Bernanke remains the biggest mover in US economic policy, Robert Samuelson writes in the Washington Post. Bernanke has been inventing new economic tools at a pace never seen before at the... More »

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Barack Obama • Ben Bernanke • Federal Reserve • financial crisis • Timothy Geithner

Bernanke Plugs More Help
for US Homeowners

Fed chief outlines ideas for public, private sector to slow foreclosures

Dec 4, 08 4:54 PM CST
(Newser) - Ben Bernanke says more must be done to halt record US home-foreclosure rates, the New York Times reports. The Federal Reserve chief suggested several options today, including the government buying bad mortgages en masse and refinancing them through a government-insured program, and strengthening a scheme aimed at lowering homeowners’ monthly... More »

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Ben Bernanke • Federal Reserve • foreclosure • mortgage • mortgage rates • mortgage debt • housing bubble • mortgage defaults • mortgage delinquency • financial crisis

ANALYSIS

 Bernanke's 
 Job Security 
 Hardly Assured 

Fed chief's term is up in 2010, and with Summers in play, another is no certainty

Nov 24, 08 9:40 AM CST
(Newser) - Economists give Federal Reserve Chairman Ben Bernanke a passing grade for his efforts to fight the nation’s financial crisis, but that doesn’t guarantee he’ll keep his job when his appointment expires in 2010, reports the Wall Street Journal. President-elect Barack Obama may have a Fed-chief-in-waiting in Lawrence... More »

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Barack Obama • Ben Bernanke • Federal Reserve • financial crisis • Lawrence Summers

 Fears of Deflation 
 Spook Economists 

With oil below $50 and sales everywhere, economists seek solutions

Nov 21, 08 9:18 AM CST
(Newser) - Lower prices may sound like a good thing, but economists say sustained deflation poses a serious threat to any turnaround, the Washington Post reports. Consumer prices are tanking on everything from clothes to steel, which feeds a cycle: People stop buying as they hold out for better sales, and stores... More »

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Ben Bernanke • US economy • deflation • consumer prices

Paulson, Bernanke Defend Bailout Before House

Money for Detroit isn't the 'purpose' of the bailout: Paulson

Nov 18, 08 11:00 AM CST
(AP) - Treasury Secretary Henry Paulson told Congress today he opposes tapping a $700 billion taxpayer-funded bailout pool to help struggling US automakers. Paulson and Federal Reserve Chair Ben Bernanke were on Capitol Hill defending their management of the bailout program, just a week after the Bush administration abandoned the original strategy... More »

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Ben Bernanke • Henry Paulson • House Financial Services Committee • credit market • bailout • Troubled Asset Relief Program • financial crisis

Banks Boost Interest Rates to Lure Deposits

'Price war' increases pressure on profit margins, loan funds

Nov 14, 08 11:03 AM CST
(Newser) - Banks are boosting interest rates on deposits in an effort to increase the supply of cash available for lending, resulting in what one consultant calls a "national price war," the Wall Street Journal reports. Many banks are pinched between the desire to build up deposits and the shrinking... More »

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Ben Bernanke • Citigroup • CDs • interest rate • certificates of deposit • federal funds rate • commercial banks

 Fed Won't Say 
 Where $2T 
 in Loans Went 

Money is in addition to $700B Wall St. bailout; collateral unclear, too

Nov 10, 08 12:54 PM CST
(Newser) - The Federal Reserve has lent more than $2 trillion to financial institutions under programs without congressional oversight—and will not disclose to whom or under what terms, Bloomberg reports. The loans are separate from the $700 billion congressionally approved bailout package. Investors and citizens are concerned that the collateral given... More »

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Ben Bernanke • Wall Street • Federal Reserve • Freedom of Information Act • lawsuit • credit crisis • bailout • financial crisis

Prez Obama to Work With
Key Bush Holdovers

Bernanke, Mullen, FBI's Mueller will retain power

Nov 10, 08 8:59 AM CST
(Newser) - As he addresses the most serious problems that face the country, Barack Obama will have to work with several key Bush appointees whose tenure will last a year or two into his administration, the Washington Post reports. But experts say dealing with Fed Chairman Ben Bernanke, Joint Chiefs head Michael... More »

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Barack Obama • Ben Bernanke • Adm. Mike Mullen • Robert Mueller • transition • President Obama

'Race to Zero' Under Way
as Central Banks Cut Rates

With Fed at 1% and European, Asian banks trimming, no-interest loans not far off, perhaps

Nov 7, 08 12:25 PM CST
(Newser) - Interest rates around the world are falling, with no end in sight as central banks hack away at obstacles to lending and try to jump-start their economies, Bloomberg reports. With the US rate at 1%, the Bank of England yesterday cut its key figure to 3%, the lowest since 1955,... More »

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Ben Bernanke • Federal Reserve • European Central Bank • Bank of England • interest rate cut • financial crisis

 Think 1% Is Low? 
 He Could Go to Zero 

Analysts predict Japan-style cuts in interest rates

Oct 30, 08 9:45 AM CDT
(Newser) - Yesterday Ben Bernanke cut the federal funds rate to an ectomorphic 1%—but the Fed might not be done yet. More and more analysts are predicting that the central bank will have to cut rates all the way to zero if it wants to get the economy moving again. But... More »

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Ben Bernanke • Federal Reserve • interest rate • interest rate cut • monetary policy • financial crisis

 Fed Cuts Rate Half-Point to 1% 

1% is lowest mark since 2004 as Bernanke tries to combat slowdown

Oct 29, 08 1:29 PM CDT
(Newser) - The Federal Reserve surprised no one today, cutting interest rates by half a point, to 1%—as investors widely predicted he would, AP reports. “The pace of economic activity appears to have slowed markedly, owing importantly to a decline in consumer expenditures,” the Fed said in a statement,... More »

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Ben Bernanke • Federal Reserve • federal funds rate • interest rate cut • financial crisis

 Fed Rate Cut to 1% Expected 

With Inflation fears fading, 'the issue now is how bad the recession will be'

Oct 29, 08 8:44 AM CDT
(Newser) - Worries about inflation are taking a backseat to recession fears as the Federal Reserve today is likely to lower its benchmark rate another half-point to 1%, with the possibility it could go to zero by June if the economy doesn’t rebound, reports Bloomberg. “The issue now is how... More »

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Ben Bernanke • Federal Reserve • credit crisis • prime rate • financial crisis

Fed Pledges $600B to Keep Money-Market Funds Afloat

Will partner with JPMorgan, lend money to help cover redemptions

Oct 21, 08 11:17 AM CDT
(Newser) - The Federal Reserve today unveiled a $600 billion program to finance the purchase of assets from money-market mutual funds, Bloomberg reports. JPMorgan will oversee five special units, which will use money borrowed from the Fed to buy CDs, bank notes, and commercial paper nearing maturity. The program is the Fed’... More »

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Ben Bernanke • Federal Reserve • mutual funds • credit market • commercial paper • financial crisis • money-market funds

OPINION

Bernanke All But Endorsed Obama: Journal Editors

Fed chief's support for stimulus conformed to Dem platform

Oct 21, 08 10:59 AM CDT
(Newser) - The Fed once shunned politics, but chairman Ben Bernanke’s support for a second economic stimulus bill yesterday amounts to an endorsement of Barack Obama, write the outraged editors of the Wall Street Journal. By saying a stimulus would be "well targeted," despite GOP and White House resistance,... More »

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Barack Obama • Ben Bernanke • Democrats • Federal Reserve • endorsement • economic stimulus package • financial crisis

MARKETS

 Stocks Rally, Clearing 9,000 

Bernanke urges more fiscal stimulus

Oct 20, 08 3:33 PM CDT
(Newser) - Stocks extended earlier gains with a late-session rally today as Ben Bernanke voiced support for a new fiscal stimulus package and a key indicator showed a loosening in the flow of credit, MarketWatch reports. The Dow rose 413.21 to 9,265.43, the first time it has closed over... More »

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Ben Bernanke • Dow Jones • General Motors • Lehman Brothers • Nasdaq • S&P 500 • Libor • financial crisis

 Bernanke Backs New Stimulus 

But Fed chief says new measure must include access to credit

Oct 20, 08 10:24 AM CDT
(Newser) - Ben Bernanke gave his blessing to a new economic stimulus package today, the New York Times reports, saying the slowdown warrants another boost but hedging his approval with conditions that would discourage the sort of package Democrats are pushing. “If the Congress proceeds with a fiscal package, it should... More »

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Congress • Ben Bernanke • testimony • economic stimulus package • financial crisis

Homeowners Need Bailout, Too: FDIC Chief

Regulator clashes with Paulson, Bernanke over relief for lenders

Oct 16, 08 9:25 AM CDT
(Newser) - The FDIC chief is blasting the White House and Congress for focusing the $700 billion bailout on financial institutions and not giving homeowners facing foreclosure more help, reports the Wall Street Journal. Sheila Bair, a Bush appointee, says the government’s insistence that homeowners not profit from its help—... More »

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Ben Bernanke • Henry Paulson • FDIC • housing crisis • subprime crisis • bailout • financial crisis • Wall Street bailout • Sheila Bair

MARKETS

 Dow Off 500; 
 Fed Can't Calm 
 Investors 

Recession fears weigh more heavily amid ugly data

Oct 15, 08 12:59 PM CDT
(Newser) - Poor data and continued pessimism over the state of the US economy had the Dow down around 500 points as today’s session entered the final hours, MarketWatch reports, with hints of further interest-rate cuts from Fed chief Ben Bernanke doing nothing to boost confidence. The Dow dipped below the... More »

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Ben Bernanke • interest rate • financial crisis

 Bernanke: 
 Stage Set 
 for Recovery 

Fear not, investors, Fed chairman insists

Oct 14, 08 6:25 AM CDT
(Newser) - Americans face a historic financial crisis, but they needn’t worry because policy makers have responded in time, writes Ben Bernanke in today’s Wall Street Journal. “History teaches us that government engagement in times of severe financial crisis often arrives very late,” Bernanke says. “Fortunately,... More »

MORE ABOUT:
Ben Bernanke • bailout • Group of Seven • financial crisis

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