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Tag Archives: Ben Bernanke

Bernanke: U.S. economy still needs Fed’s stimulus

WASHINGTON — Chairman Ben Bernanke said Wednesday that the U.S. economy still needs help from the Federal Reserve’s low interest rate policies. Bernanke told the National Bureau of Economic Research that because unemployment remains high and inflation is below the ...

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U.S. 30-year mortgage rate at 2-year high: 4.46 pct.

WASHINGTON — The average U.S. rate on a 30-year fixed mortgage surged this week to 4.46 percent, the highest in two years. The increase from a 3.93 percent average last week was the largest one-week jump in 26 years, according ...

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Fed suggests it’s closer to slowing bond purchases

WASHINGTON — Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program later this year and end it next year if the economy continues to improve. The Fed’s bond purchases have ...

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Bernanke signals Fed to maintain stimulus efforts

WASHINGTON — Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs. Reducing the Fed’s efforts to keep borrowing rates low ...

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Bernanke says Fed increasing financial monitoring

The Federal Reserve has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another financial crisis, Chairman Ben Bernanke said Friday. Bernanke said the Fed is still monitoring banks and other systematically important ...

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Fed likely to back low-rate policies despite gains

WASHINGTON – The U.S. economy is strengthening on the fuel of more job growth, rising home prices and solid retail sales. Just don’t expect the Federal Reserve to let up in its drive to keep stimulating the economy with record-low ...

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Bernanke signals continued support for low rates

WASHINGTON — Ben Bernanke sent a message Tuesday to Congress: The Federal Reserve’s low-interest-rate policies are giving crucial support to an economy still burdened by high unemployment. The Fed chairman acknowledged the risks of keeping rates low indefinitely. But he ...

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