Streams

 

Ben Bernanke

Money Talking

Helping Ordinary Americans Focus Of Fed Under Janet Yellen

Friday, January 10, 2014

Janet Yellen will be the first woman to head the the Federal Reserve when she takes over at the end of January.  How much will the world's most powerful central bank change under her leadership?

Comment

Money Talking

Future of the Fed

Friday, July 12, 2013

Chairman of the Federal Reserve Ben Bernanke may not be renominated by President Obama. This week on Money Talking, the strengths and weaknesses of some of Bernanke's potential successors like Janet Yellen and Larry Summers.

Comment

The Takeaway

Easing Economic Stimulus & Protecting the Fragile Economy

Tuesday, June 25, 2013

The financial market is trying to imagine a world without the Federal Reserve system propping up the money supply. Add to that worries in China about consumer confidence and the backing of its own banks in addition to a crises in Brazil, and the summer starts to look hot and dry. Gillian Tett, assistant editor for the Financial Times, joins us to discuss Bernanke's announcement and the apparent market freak out.

Comment

Money Talking

Money Talking: The End of the Stimulus?

Friday, June 21, 2013

The Federal Reserve has kept interest rates low and taken other measures to stimulate the economy in recent years, but we've always known the extraordinary measures were not going to last forever.

Comment

Money Talking

Money Talking: Where Is the Economy Headed?

Friday, May 24, 2013

As we approach the summer, unemployment is falling, stocks are rising and housing is looking better than ever. Yet in the past few years, the economy has looked better at the start of the year, only to take a turn for the worse. Will the same happen in 2013?

Comment

WNYC News

Bernanke Warns Congress to Avoid 'Fiscal Cliff'

Tuesday, November 20, 2012

Federal Reserve Chairman Ben Bernanke on Tuesday urged Congress and the Obama administration to strike a budget deal to avert tax increases and spending cuts that could trigger a recession next year.

Comment

Money Talking

Money Talking: Has the Fed Run Out of Tools?

Friday, July 27, 2012

The American economy is slowing down.

GDP grew at a 1.5 percent rate in the second quarter, down from 1.9 percent in the first quarter, and anticipation is growing over what the Federal Reserve's policy-making committee will decide when it meets next week.

Comments [1]

WNYC News

Bernanke Defends Fed Response to Financial Crisis

Friday, April 13, 2012

Chairman Ben Bernanke said Friday that the Federal Reserve was left with few good options when it stepped in to shore up the largest U.S. financial institutions during the 2008 crisis.

Comment

The Takeaway

Federal Reserve To Keep Interest Rates Near Zero

Thursday, January 26, 2012

The Federal Reserve announced its plan on Wednesday to keep short-term interest rates near zero through late 2014. The move signals that the Fed does not expect the economy to fully recover over the next three years. With unemployment still running high, the Fed expects the economy to expand between 2.2 and 2.7 percent over this year, instead of at 2.9 percent as originally projected.

Comment

The Takeaway

This Week's Agenda: Euro Zone, Jobs, 7 Billion People

Monday, October 31, 2011

The markets responded positively to the news last week of a euro zone deal to try and turn around their two-year financial crisis. Marcus Mabry, editor-at-large of the International Herald Tribune, which is the international edition of The New York Times, tells us how he expects the markets to continue to go this week and to be on the lookout at Italy, which could be the next euro zone country to be in financial trouble. Charlie Herman, business and economics editor for WNYC and The Takeaway, looks at the upcoming G20 Summit in France this week, and if they can come up with a framework to deal with Europe's economic troubles.

Comments [1]

The Takeaway

Bernanke Expresses Doubts on Economic Recovery

Wednesday, October 05, 2011

In testimony before a Congressional committee on Tuesday, Federal Reserve Chairman Ben Bernanke warned lawmakers that the economic recovery U.S. "is close to faltering." Bernanke said the central bank was prepared to do more to bolster the economy, but that Congress needed to do more to encourage growth. In June, Bernanke had said, "growth seems likely to pick up in the second half of the year." Bernanke's grim assessment comes after the economy barely grew in the first half of the year, and there were no new jobs in August. Consumer confidence fell this summer to the lowest point since the recession.

Comments [2]

It's A Free Country ®

Watch | Fed Chair Bernanke Updates Congress on the Economic Outlook

Tuesday, October 04, 2011

LIVESTREAM. Four days before the Labor Department releases its September jobs report, Federal Reserve Chairman Ben Bernanke goes before Congress to present his agency's semiannual report on monetary policy.

Comment

The Takeaway

This Week's Agenda: Wall Street Protests, Jobs Bill, Ben Bernanke

Monday, October 03, 2011

The New York police department arrested over 700 Occupy Wall Street protesters Saturday, for allegedly walking across the Brooklyn Bridge's roadway, instead of using the pedestrian path. Now in its third week, the movement has spread to other cities around the nation. Meanwhile, Fed Chairman Ben Bernanke is scheduled to testify before Congress tomorrow on the economic outlook for the country, and unemployment figures are set to be released Friday, as President Obama continues to push his jobs bill. And Nevada has moved its caucus date back, ahead of Florida's, which will likely affect the race for the Republican nomination.

Comment

The Takeaway

This Week's Agenda: Interest Rates, Taxing the Wealthy, Palestine

Monday, September 19, 2011

This week, Ben Bernanke and the Federal Reserve will hold a rare two-day meeting to decide on interest rates, which are currently close to zero. Meanwhile, President Obama will release details of his deficit reduction plan this morning, and one key component is taxing the wealthy, which has many Republicans screaming "class warfare." The Clinton Global Initiative annual meeting begins tomorrow, and the primary topic of discussion will be jobs, as unemployment and poverty prove to be an ever-increasing global problem. Later in the week, the Palestinian Authority will ask the United Nations Security Council for full membership, which the U.S. has already said they will veto.

Comments [1]

The Takeaway

This Week's Agenda: Obama's Jobs Tour, First Tea Party Debate

Monday, September 12, 2011

President Barack Obama continues his jobs tour this week, with stops in Columbus, Ohio and Raleigh-Durham, N.C., rallying support for his jobs plan. Federal Reserve Chairman Ben Bernanke is expected to speak at a conference on regulation of systemic risk on Thursday, five days before the Federal Open Market Committee begins its meetings next week. Tonight, is the first Tea Party debate, which GOP presidential hopefuls Michele Bachmann, Mitt Romney and Rick Perry are expected to attend. And Anthony Weiner's old Congressional seat in New York's ninth district is up for grabs in a special election tomorrow.

Comments [2]

The Takeaway

This Week's Agenda: 9/11, Economy, Libya

Monday, September 05, 2011

It's Monday, so we're discussing news ahead for the week. Next Sunday will be ten years since the 9/11 attacks. This will be a week of reflection — not just for Americans but for everyone around the world. As we remember 9/11, many Americans are still without jobs and struggling to make ends meet. Charlie Herman, business and economics editor for WNYC and The Takeaway, says not to expect anything game-changing from Federal Reserve Chairman Ben Bernanke's speech this Thursday in Minnesota on the economic outlook. His speech will be followed by President Barack Obama's jobs speech. And across the Atlantic, Dominique Strauss-Kahn returned to France over the weekend, and the hunt for Col. Muammar Gadhafi continues in Libya.

Comment

The Takeaway

The Changing Nature of Economic Retreats

Friday, August 26, 2011

Many eyes are on Jackson Hole, Wyoming today, as the markets wait on remarks from Federal Reserve Chairman Ben Bernanke. It was at last year's Fed Symposium that Bernanke laid the groundwork for the Fed to buy $600 billion in treasury bonds to stimulate the deflating economy. Many are hoping that this year, the Fed will unveil another economy-boosting plan. Conferences like the Fed retreat at Jackson Hole or Davos weren't always considered backdrops for major policy announcements. When did this change? And why?

Comment

The Takeaway

Federal Reserve Finds Increased Criticism on the Right

Wednesday, August 17, 2011

Texas governor and presidential hopeful Rick Perry is not backing down from his threat against Ben Bernanke and the Federal Reserve. At an event in Iowa on Monday, Perry said that it would be treason if the Fed were to print more money. The Federal Reserve is no stranger from receiving criticism, but where left-wing politicians were formerly it's biggest critics, more recently conservatives like Ron Paul have been lashing out against the Fed.

Comments [3]

WNYC News

Financial 411: The Week Ahead in Business

Monday, June 20, 2011

We'll talk about what's in store for the week ahead, and hear from a city lifeguard, as part of our weekly series profiling New Yorkers at work.

Comment

The Takeaway

This Week's Agenda: Debt Ceiling, Economy, Gay Marriage

Monday, June 20, 2011

All the jawing and insult throwing has ceased for the time being as negotiations heat up on Capitol Hill over the debt ceiling. Vice President Joe Biden said there are four meetings scheduled, and "now we're getting down to the really hard stuff." Todd Zwillich, The Takeaway's Washington Correspondent, says Congress would love to get an agreement by the 4th of July—way ahead of the deadline in August. 

As Washington tries to get the debt ceiling squared away, the Federal Reserve will meet on Wednesday to discuss interest rates. Housing numbers have been consistently awful for some time now, with no sense of relief in sight. Charlie Herman, economics editor for The Takeaway and WNYC, looks at what we can expect from Wednesday's meeting, and whether or not it's likely that the Fed will decide to leave interest rates close to zero.

Comments [2]