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Tag Archives: chairman ben bernanke

Fed extends ‘Twist’ program to drive rates lower

WASHINGTON — The Federal Reserve acted Wednesday to lift an economy that’s being held back by a weakened job market. It’s extending a program designed to spur borrowing and spending through lower long-term U.S. interest rates. The Fed also reiterated ...

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Federal Reserve officials slightly more upbeat on economy

WASHINGTON — Federal Reserve officials were slightly more optimistic last month about economic growth for this year than they were in November, reflecting expected gains in consumer and business spending from tax cuts. Fed officials said in an updated forecast ...

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Buffett thanks Uncle Sam for helping economy

OMAHA, Neb. — Billionaire Warren Buffett wants people to know he thinks the U.S. government performed well during the economic meltdown of 2008. So the chairman and CEO of Berkshire Hathaway Inc. wrote a thank-you note to “Uncle Sam” that ...

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