TITLE

Fed chief makes case for return to normality

AUTHOR(S)
Hoxter, Curtis J.
PUB. DATE
March 2010
SOURCE
Caribbean Business;3/11/2010, Vol. 38 Issue 9, p14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the explanation from U.S. Federal Reserve Chairman Ben Bernanke for what lies behind plans to keep interest rates low for many months. Bernanke claims that the U.S. economic recovery is nascent and mentions positive developments such as increased consumer spending and improved financial markets. He says that inflation is expected by the Federal Reserve to remain subdued.
ACCESSION #
48898313

 

Related Articles

  • Clamoring For A Fix. Keeler, Dan // Global Finance;Feb2008, Vol. 22 Issue 2, p2 

    The author reflects on the ongoing economic recession experienced by the U.S. and what can be done to improve the nation's economic conditions. He discusses several indicators of the credit crisis taking place in the U.S. such as the statement made by credit card companies that more of their...

  • BBVA Watch.  // Caribbean Business;5/10/2012, Vol. 40 Issue 18, p15 

    The article offers news briefs related to the economy in the U.S. and in Puerto Rico. Puerto Rico's increased purchasing managers index (PMI) indicates an expanding manufacturing activity instead of shrinking. State governments in the U.S. are cutting back on investment due to slow growth in the...

  • Fed Seen Slowing Stimulus with $50B QE Cut.  // National Mortgage News;5/6/2013, Vol. 37 Issue 18, p2 

    The article reports that the U.S. Federal Reserve's monthly bond buying will be reduced by Federal Reserve Chairman Ben Bernanke in the fourth quarter to 50 billion dollar from 85 billion dollar. Fed economists Michael Feroli and Joseph LaVorgna states that policy makers find a way to slow the...

  • Bernanke Cites 'Substantial Correction'  // American Banker;10/5/2006, Vol. 171 Issue 192, p16 

    The article discusses United States Federal Reserve Board Chairman Ben Bernanke's improvement attempts in the central bank's recognition of the housing market's decline. Because of the weak housing market, Bernanke is expecting the gross domestic product to be down approximately one percentage...

  • Play Like Smart Mr Rajan. SRIVASTAVA, VATSAL // Day After;10/1/2015, Vol. 31 Issue 19, p43 

    The article discusses the decision of Janet Yellen, chairman of the U.S. Federal Reserve, to keep a near-zero bound interest rates. Topics discussed include the rate hike seen by the majority in the U.S. Federal Open Market Committee, the robust recovery of the economy in the country, and the...

  • Central banks are central to housing finance: Can we understand what the world's most important central bank is doing? Pollock, Alex J. // Housing Finance International;Autumn2015, p14 

    The article comments on the decision of the U.S. Federal Reserve to lower its benchmark interest rate to near zero since 2008 in response to 21st century collapse of the American housing finance system. Topics covered include the target inflation rate of 2% a year set by the Fed, the impact of...

  • Neither Hyperinflation Nor a Liquidity Trap. Sumner, Scott // Reason;Dec2014, Vol. 46 Issue 7, p37 

    The article reports on the discretionary monetary policy of the U.S. Federal Reserve to control inflation. It is said that major changes in central banking have been bought by the financial crisis that uncontrolled inflation from discretionary monetary policy is not as great a danger as it once...

  • Eyeing long-term rates.  // In Search of the Perfect Investment;3/7/2013, p1 

    The article focuses on the statement of U.S. Federal Reserve chief Ben Bernanke on long term interest rates. Bernanke said the dual mandate of the Fed has enabled them to offer strong support for the country's recovery and added that one of the support's goal is to prompt a return to the...

  • Assessing, Balancing Risks A Challenge: Bernanke.  // Bond Buyer;7/16/2008, Vol. 365 Issue 32919, p2 

    The article reports that U.S. Federal Reserve Board Chairman Ben Bernanke has given unclear signals of where he and his fellow monetary policymakers will be taking interest rates in the coming months of 2008. The unclear position of the board points to both significant downside risks to economic...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics