Chairman Ben Bernanke says the Federal Reserve is open to purchasing more Treasury bonds to lower long-term interest rates and boost growth if the economy worsens.
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.
Chairman Ben Bernanke says that the Federal Reserve is working to address the regulatory failures that were exposed by the 2008 financial crisis. But he cautions that as the financial system evolves, new risks will emerge.
Federal Reserve Chairman Ben Bernanke says that without faster economic growth, it could take "a few more years" for unemployment to decline to a normal rate.
Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday that the economy has performed better in recent months than the Federal Reserve had expected. If the trend continues, he said the Fed might have to reassess its outlook for a slow recovery.
Following the Federal Reserve's announcement that interest rates are expected to remain low until at least 2014, the New Jersey Bureau of Securities is cautioning investors in the Garden State to beware of risky investments.