It’s an election season cliché to forewarn an ideological opponent that he is not entitled to his own facts. But when it …
Ben Bernanke
Why Risk is Back in Fashion
Fed Chief Ben Bernanke’s strategy for making risk fashionable is gaining traction. Affluent investors are jumping off the sidelines and home prices are getting a lift. We’re not out of the woods by a long shot. But do you really …
When Central Bankers Attack: Why Ben and Company Can’t Save the Global Economy
New action by central banks around the world has cheered markets, but the boost will only be temporary
Too Much Candy: A Plain-and-Simple Way to Understand Quantitative Easing, Part 3
Listening to Ben Bernanke announcing the Fed’s decision to buy mortgage-backed bonds until hell freezes over, I’m reminded of a British cartoon character called Billy Bunter. Bunter was a portly schoolboy who made a point
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Bernanke Stands Pat: No New QE (For Now)
While most Americans have their minds squarely fixed on beach and barbecue plans this weekend, market participants had their eyes an ears affixed to Fed Chairman Ben Bernanke’s speech this morning in Jackson Hole, Wyoming. The …
Will Ben Bernanke Pull the Trigger on More Bond Buying?
The Federal Reserve’s monetary policy brain trust – the Federal Open Market Committee (FOMC) — meets again today, and after a month of disappointing economic news following June’s meeting, the financial world is eagerly …
Curious CapitalistFederal Reserve
Money Talking: Has the Fed Run out of Tools?
Does the Fed have any weapons still left in it’s arsenal to help the economy? How much will the drought drive up food prices this year? For thoughts on this, as well as how much steam the U.S. Manufacturing boom still has left, check out WNYC’s Money Talking with myself and Joe Nocera.
U.S. Economy Adds Just 80,000 Jobs in June
The Labor Department released its monthly Employment Situation Report this morning, announcing that the economy added 80,000 new jobs in June – slightly less than what economists were predicting, and far too small a number to …
Does Ben Bernanke Have Any Ammo Left?
The Federal Reserve can’t seem to get any love these days. Within hours of the bank’s announcement that it would lower its growth and employment forecasts and continue its “Operation Twist” bond-buying program through the end …
Battle of the Heavy-Hitter Economists: Krugman and Bernanke Slug It Out Over Fed Policy
The lackluster U.S. economic recovery has fueled an unusually public argument between two of the most prominent economists in the country: Nobel prize-winning New York Times columnist Paul Krugman has accused Fed Chairman Ben …
Fed Inflation Hawks Warn More Stimulus Could Fuel Prices
Are inflation hawks preparing to take flight? That’s the sense one gets reading comments made by two U.S. central bank officials Tuesday, including Dallas Fed President Richard Fisher, who said that corporate chiefs have been …
Bernanke: Fed Prevented ‘Meltdown’ But Was ‘Helpless’ to Save Lehman
Federal Reserve Chairman Ben Bernanke said Tuesday that U.S. government intervention during the financial crisis prevented a “total meltdown” in the U.S. economy that could have rivaled the Great Depression. In the third of four …
