Latest Ben Bernanke News

A Trump dilemma: Finding a dovish GOP ally to serve on Fed

May. 2, 2019 1:43 PM EDT

WASHINGTON (AP) — The withdrawal Thursday of Stephen Moore, President Donald Trump's choice for the Federal Reserve board, has thrown a spotlight on the tough task Trump has set for himself: Finding a rare conservative ally who both favors cutting interest rates and is respected enough to win Senate...

Job gain points to a US economy slowing but hardly stalling

Apr. 5, 2019 6:11 PM EDT

WASHINGTON (AP) — A month ago, many economists fretted that the 10-year U.S. expansion looked wobbly. But after the government reported Friday that hiring rebounded in March, the economy suddenly looks sturdy again. Growth has weakened since last year to something closer to the modest pace that has...

Trump's Fed pick worries economists, rallies conservatives

Mar. 29, 2019 6:28 PM EDT

WASHINGTON (AP) — President Donald Trump's latest pick to help lead the Federal Reserve has received a rocky reception — with top economists raising several red flags about whether Stephen Moore is qualified to be a governor of the world's most influential central bank. Moore is a former Trump...