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Tag Archives: fed

Bernanke says U.S. job market weak despite gains

WASHINGTON — Chairman Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve’s existing policies will help boost economic growth. Bernanke’s comments Monday to a group of economists in Arlington, ...

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Bernanke revisits college as guest lecturer at GW

WASHINGTON — Federal Reserve Chairman Ben Bernanke took a break from his day job Tuesday to revisit the academic life he led before coming to Washington a decade ago. Shortly after noon, he stood before a class of George Washington ...

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Bernanke notes economy better than expected

WASHINGTON — Chairman Ben Bernanke told lawmakers Wednesday that the economy has performed better in recent months than the Federal Reserve had expected. If the trend continues, he said the Fed might have to reassess its outlook for a slow ...

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Bernanke: Job market remains weak despite gains

WASHINGTON — Ben Bernanke says the job market isn’t as strong as the steadily declining unemployment rate might suggest. Responding to questions at a Senate hearing Tuesday, he noted that the unemployment rate doesn’t capture the plight of millions of ...

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Documents show how Fed missed housing bust

WASHINGTON — Ben Bernanke presided over his first meeting as Federal Reserve chairman in March 2006 believing the nation’s economy could pull off a “soft landing” from falling home prices. Three months later, Bernanke had begun to grasp that he ...

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Fed says economy is healthier, takes no new steps

WASHINGTON — The Federal Reserve on Tuesday portrayed the U.S. economy as slightly healthier and held off on any new steps to boost the economy. Hiring is picking up and consumers are spending more despite slower growth globally, the Fed ...

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Feds sue mortgage broker, alleging lending fraud

NEW YORK — The federal government sued one of the nation’s largest privately held mortgage brokers on Tuesday, saying its decade-long fraudulent lending practices cost the government hundreds of millions of dollars and forced thousands of American homeowners to lose ...

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