Ben Bernanke | GlobalPost

Bernanke says computer revolution likely to provide various future gains to economic growth

The Canadian PressMay 18, 2013 11:45

WASHINGTON - Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong. Bernanke told a college graduating class Saturday that the long-range practical consequences of innovations such as faster computers and the Internet are hard to predict. But he said inventors have only scratched the surface of the commercial applications that can be obtained in such fields as medicine and clean energy.

Bernanke to speak on economy to Congress on May 22

Thomson ReutersMay 13, 2013 14:15

WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke will deliver testimony on May 22 on the outlook for the U.S. economy before the Joint Economic Committee of Congress, according to an announcement on the website of committee chairwoman Amy Klobuchar. Bernanke's appearance will come as markets, weighing recent mixed indications on the strength of the U.S. economy, focus on the likely duration of continued bond purchases by the U.S. central bank to spur growth and hiring. (Reporting By Alister Bull)

Bernanke: US economy 'still far' from desired state

Agence France-PresseApril 8, 2013 19:45

Federal Reserve Chairman Ben Bernanke said Monday that the US economy still has far to go to recover to an acceptable state of health. "Today the economy is significantly stronger than it was four years ago, although conditions are clearly still far from where we would all like them to be," he said in a speech on banking in Georgia. mj/pmh/adm

Bernanke: Cyprus crisis not a major risk to US

Agence France-PresseMarch 20, 2013 17:31

US central bank chief Ben Bernanke said Wednesday that the Federal Reserve was keeping an eye on the Cyprus crisis but that it was not so far seen as a danger for the United States. "We are monitoring very carefully, but at this point we are not seeing a major risk to the US financial system or the US economy," the Federal Reserve chairman told a press conference. He said if potential bank runs in Cyprus -- where the banks remain closed until next week -- spread to other countries, it could pose a problem, but there is no evidence yet of that.

Bernanke: Cyprus crisis not a major risk to US

Agence France-PresseMarch 20, 2013 15:31

US central bank chief Ben Bernanke said Wednesday that the Federal Reserve was monitoring the Cyprus crisis but that it was not so far seen as a danger for the United States. "At this point we are not seeing a major risk to the US financial system or the US economy" from Cyprus, he told a press conference. "There are a lot of uncertainties and difficulties" for Cyprus, he said, after the 10 billion euro ($13 billion) EU-IMF bailout of the island country was left hanging after the parliament rejected a heavy tax on bank deposits that was a key part of the plan.

URGENT ¥¥¥ Bernanke: Cyprus crisis not a major risk to US

Agence France-PresseMarch 20, 2013 15:16

URGENT ¥¥¥ Fed warns US spending cuts could hit growth, jobs

Agence France-PresseMarch 20, 2013 15:16

Federal Reserve Chairman Ben Bernanke warned Wednesday that broad-based US government spending cuts could curb the economic and jobs recovery. The Federal Open Market Committee "remains concerned that restrictive fiscal policies may slow economic growth and job creation in coming months," Bernanke said at a news conference after a two-day FOMC meeting. mj-vs/pmh

AFP Americas News Agenda for March 20

Agence France-PresseMarch 19, 2013 16:31

Duty Editor: Jim Mannion Tel: + 1 202 414 0541 What's happening in the Americas on Wednesday: + Fed concludes two-day monetary policy meeting WASHINGTON: The Federal Reserve wraps up a two-day Federal Open Market Committee monetary policy meeting, widely expected to maintain the central bank's ultra-loose monetary policy. Statement expected at 1800 GMT, followed by news conference with Chairman Ben Bernanke at 1830 GMT. (US-ECONOMY-BANK-RATE)

US STOCKS-Wall Street little changed ahead of Bernanke testimony

Thomson ReutersFebruary 27, 2013 11:16

* Fed Chairman Bernanke to speak at 10:00 a.m. ET * U.S. business spending plans gauge hits one-year high in Jan * Italy bonds, European stocks up after Italy bond auction * Major indexes open flat By Angela Moon NEW YORK, Feb 27 (Reuters) - Wall Street opened little changed as investors awaited a second round of testimony in Congress by Federal Reserve Chairman Ben Bernanke for clarity on the longevity of the Fed's economic stimulus program.

Fed stimulus defence underpins European equities

Thomson ReutersFebruary 27, 2013 04:31

LONDON, Feb 27 (Reuters) - European shares opened up on Wednesday, clawing back some of the previous session's sharp losses, helped by the U.S. Federal Reserve's defence of its asset-buying programme, though jitters over the euro zone might cap gains. Fed Chairman Ben Bernanke strongly defended the U.S. central bank's monetary stimulus on Tuesday, which eased worries over a possible early retreat from bond purchases, and made for a firmer close on Wall Street.