Ben Bernanke - updates

Rappler's latest stories on Ben Bernanke

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Fed cuts US economic stimulus again

Jan 30, 2014 - 6:13 AM

Despite the tapering of the stimulus and mixed economic indicators since December policy makers said the US economy was doing better overall

TAPERED STIMULUS. Traders work on the floor of the New York Stock Exchange after a Federal Reserve announcement on January 29, 2014 in New York City. Photo by Spencer Platt/Getty Images/AFP

Fed nominee Yellen passes key Senate hurdle

Nov 22, 2013 - 7:13 AM

Yellen earns the endorsement of the Senate Banking Committee

NEXT FED CHAIR. A file photo dated 10 October 2012 showing Janet Yellen, Vice Chair of the US Federal Reserve System, during the International Monetary Fund (IMF) and the World Bank Annual Meetings in Tokyo, Japan. EPA/Franck Robichon

Bernanke: US economy 'still far' from ideal

Nov 20, 2013 - 10:15 AM

The Fed chairman says the US central bank remains committed to its stimulus policies

A view of the White House in Washington, DC. AFP PHOTO/Brendan SMIALOWSKI

Fed expected to hold tight on stimulus after shutdown

Oct 26, 2013 - 3:27 PM

An analyst says the earliest date for the Fed tapering is likely to be March but June is a better bet

MONETARY STRATEGY. US Federal Reserve, chaired by Ben Bernanke, decides to keep interest rates?

Obama to nominate Yellen as US Fed chief

Oct 09, 2013 - 7:23 AM

UPDATED Obama will put forward Yellen for a four year term at a White House event to be attended by outgoing Fed Chairman Ben Bernanke

NEXT FED CHAIR? A file photo dated 10 October 2012 showing Janet Yellen, Vice Chair of the US Federal Reserve System, during the International Monetary Fund (IMF) and the World Bank Annual Meetings in Tokyo, Japan. EPA/Franck Robichon

Fed chief under fire after no-taper decision

Sep 20, 2013 - 10:05 AM

Economists and analysts blame Bernanke for stoking expectations of a stimulus cutback say no taper decision cost investors who bet hugely on the taper

BLASTED. Economists and analysts blast Bernanke amid stunned markets after no-taper decision. File photo by AFP

Why Fed move is an early PSEi Christmas gift

Sep 20, 2013 - 9:30 AM

The Fed s move to keep its massive stimulus program propels our last and final bull ride since the PSE index took off in 2009

Summers quits race to succeed Bernanke at Fed

Sep 16, 2013 - 7:07 AM

Larry Summers cites fears of an acrimonious confirmation process as his reason for stepping out of the running to lead the US Fed

LARRY SUMMERS. US President Barack Obama confirms Larry Summers is no longer in the running for the US Fed top job. File photo by AFP

Summers rises as Obama pick to head Fed

Sep 11, 2013 - 9:14 AM

Larry Summers former chief economic adviser to President Barack Obama appears increasingly likely to be his choice to succeed Ben Bernanke as Federal Reserve chief

CHOICE FED CHIEF? Larry Summers rises as Obama's pick to head the US Fed. File photo by AFP

Timing of cutback to Fed stimulus still unclear

Aug 22, 2013 - 8:14 AM

With turmoil sweeping markets in emerging economies over the prospect of tighter supplies of the US dollar the minutes confirmed the Fed s intention to begin pulling back on its 85 billion a month bond purchases

Federal Reserve Chairman Ben Bernanke file photo by AFP

Summers, Yellen on shortlist for new Fed chief - Obama

Aug 16, 2013 - 11:16 AM

President Obama mulls who will lead the Federal Reserve after Ben Bernanke leaves in January

BEN BENANKE. President Obama mulls who will lead the Federal Reserve after he leaves in January. File photo by AFP

Bernanke successor pick likely in fall

Jul 27, 2013 - 12:17 PM

Recent buzz on who will replace Fed chair Ben Bernanke include Larry Summers Janet Yellen Timothy Geithner and Donald Kohn

SUCCESSOR. Who will replace Federal Reserve Chairman Ben Bernanke? File photo by AFP

US stocks score gains after Bernanke testimony

Jul 18, 2013 - 9:51 AM

US stocks get a boost from Federal Reserve Chairman Ben Bernanke s testimony that the Fed s policy on tapering its bond buying program was not on a preset course

IN GREEN. The Dow Jones industrial average posts modest gains after the Fed announces its bond-buying program will continue. Photo by Spencer Platt/Getty Images/AFP

Fed report finds US economy growing modestly

Jul 18, 2013 - 9:45 AM

The US economy grew at a modest to moderate pace in recent weeks with the housing market and construction improving nationwide the Federal Reserve said in a report

A view of the White House in Washington, DC. AFP PHOTO/Brendan SMIALOWSKI

Bernanke: Tapering stimulus 'not a preset course'

Jul 17, 2013 - 10:42 PM

US Federal Reserve Chairman Ben Bernanke reiterates the Fed stimulus could be wound up in 2014 if economic growth remains steady as forecast

THE TESTIMONY. Federal Reserve Chairman Ben Bernanke speaks before lawmakers. File photo by AFP

US dollar, stocks fall ahead of Bernanke testimony

Jul 17, 2013 - 8:28 AM

The US dollar bond yields and stocks fall ahead of two days of testimony to Congress on the economy by Federal Reserve Chairman Ben Bernanke

REVERSAL. US stocks snap out from 3 days of record highs ahead of the US Fed chair's testimony before Congress. Photo by EPA

Dow, S&P 500 at new highs on Fed's easy-money vow

Jul 12, 2013 - 9:53 AM

The Dow surges to 15 460 92 the S P 500 reached 1 675 02 and the Nasdaq Composite zooms to 3 578 30 — all well above previous record highs

World shares tumble, gold sinks on Fed policy

Jun 21, 2013 - 1:06 AM

Stock markets tumbles around the world and gold slumps to a 3 year low after the US Federal Reserve signals it may begin winding down its massive stimulus program

TUMBLING DOWN. A pedestrian walks in front of a share price board flashing the Tokyo Stock Exchange in Tokyo on June 20, 2013. World stocks fell after US Federal Reserve chairman Ben Bernanke said the bank could start reeling in its massive stimulus. Photo by AFP

PSEi falls as Fed eyes end to stimulus

Jun 20, 2013 - 12:23 PM

UPDATED Regional markets fell as the US Fed hinted it would start easing back on its stimulus program this year

MOSTLY DOWN. Asian stock markets are mostly down ahead of the policy meeting of the US Federal Reserve. Photo by AFP

US Fed keeps stimulus but may cut soon

Jun 20, 2013 - 8:56 AM

The Fed s policy board kept its quantitative easing program aimed at holding interest rates down locked in place for the meantime

THE VERDICT. Federal Reserve Chairman Ben Bernanke speaks during a press conference following a meeting of the Federal Open Market Committee(FOMA) on June 19, 2013 at the Federal Reserve Board Building in Washington, DC. Photo by AFP

US economy 'still far' from desired state

Apr 09, 2013 - 8:40 AM

Federal Reserve Chairman Ben Bernanke says the US economy still has far to go to recover to an acceptable state of health

A view of the White House in Washington, DC. AFP PHOTO/Brendan SMIALOWSKI

US leaders squabble despite warnings on budget cuts

Feb 27, 2013 - 11:09 AM

With three days to go before the so called sequester 85 billion in across the board cuts takes effect federal agencies are tightening belts as feuding lawmakers appear unable to reach a better tailored deal

The US Capitol in Washington, DC, on January 2, 2013. AFP PHOTO / Saul LOEB

Bernanke urges US Congress to lift debt ceiling

Jan 15, 2013 - 9:47 AM

The US Federal Reserve chairman urges Congress to raise the nation s borrowing limit as Democrats and Republicans battle over the federal budget

Federal Reserve Chairman Ben Bernanke says a higher debt ceiling is needed so the world's largest economy can pay its bills. John Moore/Getty Images/AFP

Bernanke steps up warnings over fiscal cliff

Nov 21, 2012 - 9:42 AM

The Fed chairman says mandatory tax hikes and spending cuts pose a substantial threat to US economic recovery

Federal Reserve Chairman Ben Bernanke speaks at the Economic Club of New York. He urges Congress to act to avoid the so-called "fiscal cliff" of severe budget cuts and tax hikes in 2013. John Moore/Getty Images/AFP

US to hit borrowing ceiling near year-end

Oct 31, 2012 - 10:36 PM

The country s current debt is around 16 2 trillion

DEBT LIMIT CLOSER. US Federal Reserve chief Ben Bernanke speaks at a news conference in Washington, DC, on September 13, 2012 following a two-day Federal Open Market Committee meeting. AFP PHOTO/Jewel Samad

Tetangco beats US' Bernanke in 'best central bankers' list

Aug 24, 2012 - 3:46 PM

International business magazine Global Finance gave Tetangco a grade of A for leading the BSP which has been key in ensuring that the local economy is spared from global economic woes