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Tag Archives: financial markets

A year later, S&P downgrade of U.S. looks like a dud

WASHINGTON — The rating agency Standard & Poor’s stunned the world a year ago by stripping the U.S. government of its prized AAA bond rating. The downgrade of long-term U.S. Treasurys threatened to sow chaos in financial markets, driving up ...

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Bernanke signals no imminent steps to aid economy

WASHINGTON — Chairman Ben Bernanke said the Federal Reserve is prepared to take further steps to lift the U.S. economy if it weakens. But he didn’t signal any imminent action in testimony before a congressional panel Thursday. Bernanke said the ...

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Bernanke says more Fed action is possible

WASHINGTON — Federal Reserve Chairman Ben Bernanke left open the possibility Wednesday of further Fed action to stimulate the economy. Speaking at a news conference, Bernanke walked a fine rhetorical line: He signaled that the Fed would act more aggressively ...

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Fed still faces challenges keeping economy growing

WASHINGTON — We may be into the second year of the economic recovery, but Federal Reserve Chairman Ben Bernanke and his colleagues are still facing plenty of challenges as they try to keep a fragile expansion on track. A host ...

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