Latest Ben Bernanke News

Today in History

Mar. 24, 2019 12:02 AM EDT

Today in History Today is Sunday, March 24, the 83rd day of 2019. There are 282 days left in the year. Today's Highlight in History: On March 24, 2015, Germanwings Flight 9525, an Airbus A320, crashed into the French Alps, killing all 150 people on board; investigators said the jetliner was deliberately downed by...

Trump to nominate conservative Stephen Moore for Fed board

Mar. 22, 2019 5:12 PM EDT

WASHINGTON (AP) — President Donald Trump said Friday that he will nominate Stephen Moore, a conservative economic analyst and frequent critic of the Federal Reserve, to fill a vacancy on the Fed's seven-member board. Moore, a well-known and often polarizing figure in Washington political circles, served as...

Powell says Trump's attacks played no role in rate pause

Mar. 11, 2019 4:03 AM EDT

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says political attacks by President Donald Trump played no role in the Fed's decision in January to signal that it planned to take a pause in hiking interest rates. He also said in an interview broadcast Sunday that he can't be fired by the president...

How Federal Reserve helped fuel the bull market in stocks

Mar. 8, 2019 11:09 AM EST

WASHINGTON (AP) — The decade-long bull market in stocks was fueled in no small part by the aggressive moves the Federal Reserve took after the 2008 financial crisis and the Great Recession to nurse the U.S. economy back to health. The Fed took the extraordinary step of keeping its benchmark short-term rate...

Fed Chairman Powell urges plain speaking at Fed

Feb. 6, 2019 8:31 PM EST

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Wednesday that he has used his first year as chairman to make sure the central bank deserves the trust of the American people, especially at a time when people are losing faith in big institutions. Powell acknowledged that at the moment "we are...