Ben Bernanke

8:47am

Thu April 11, 2013
The Two-Way

Why Does Anyone Care About Minutes Of Weeks-Old Fed Meetings?

Originally published on Thu April 11, 2013 10:30 am

The Federal Reserve's headquarters in Washington, D.C. What goes on inside there is of intense interest to investors.
Karen Bleier AFP/Getty Images

There's been a bit of a brouhaha over the Federal Reserve's inadvertent early release Tuesday evening of minutes from its closed-door March 19-20 policy meeting.

As The Associated Press writes, "employees at JPMorgan Chase, Goldman Sachs Group, Wells Fargo and Citigroup were among those to receive [the] market-sensitive information."

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4:21pm

Tue March 19, 2013
Business

Odd Political Bedfellows Agree: Banks Still Too Big To Fail

Originally published on Tue March 19, 2013 5:51 pm

Sen. Elizabeth Warren, D-Mass., questions Federal Reserve Board Chairman Ben Bernanke during a Senate hearing last month. Senators from both ends of the political spectrum argue that financial reforms are insufficient to protect taxpayers from potential risks posed by large banks.
Gary Cameron Reuters/Landov

Amid Washington's dysfunction, one issue has united some liberal Democrats and conservative Republicans: a common concern that "too big to fail" is alive and well.

Despite the Dodd-Frank financial reforms, these lawmakers believe the nation's largest banks still pose a threat to the economy and that the government will step in to bail them out if they get in trouble.

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8:27am

Tue February 26, 2013

12:29pm

Wed December 12, 2012
Planet Money

Ben Bernanke Acts Like His Hair Is On Fire

Originally published on Wed December 12, 2012 12:56 pm

Warm around the ears.
Brendan Smialowski AFP/Getty Images

The leaders of the Federal Reserve just did something that sounds boring but is actually a big deal: They promised to keep short-term interest rates at zero at least until the unemployment rate falls below 6.5 percent, or inflation rises to over 2.5 percent.

It's clear on its face why this sounds boring. It takes a little doing to explain why it's a big deal.

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4:00pm

Tue November 20, 2012
The Two-Way

A Grand Bargain Could Bring Good New Year For U.S. Economy, Says Bernanke

Federal Reserve Chairman Ben Bernanke warned again that driving off the fiscal cliff could be detrimental to the U.S. economy. However, if a grand bargain is reached by politicians in Washington, Bernanke said during a speech a the Economic Club of New York, it could be a good new year for the U.S.

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