Latest Ben Bernanke News

Fed officials feared adverse market reaction in 2013

Jan. 11, 2019 5:17 PM EST

WASHINGTON (AP) — Federal Reserve officials were worried about an adverse market reaction when they made their first tentative moves in 2013 to pull back on the massive support they had been providing to help the economy recover from the Great Recession. Transcripts of their discussions released Friday...

Powell says he would reject any Trump request to resign

Jan. 4, 2019 6:29 PM EST

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Friday that he will not resign if asked to do so by President Donald Trump, and that he is prepared to be patient in deciding when to raise interest rates again. Both of those messages cheered stock market investors who had been worried about...

Today in History

Dec. 13, 2018 12:01 AM EST

Today in History Today is Thursday, Dec. 13, the 347th day of 2018. There are 18 days left in the year. Today's Highlight in History: On Dec. 13, 2003, Saddam Hussein was captured by U.S. forces while hiding in a hole under a farmhouse in Adwar, Iraq, near his hometown of Tikrit. On this date: In 1862, Union...