Posts Tagged ‘ Ben Bernanke ’

Bernanke Keeps Door Open to Cuts, Saying Recovery Will Take Time

Oct 15th, 2008 | By Gregory Arzumanov | Category: Financial News

Federal Reserve Chairman Ben Bernanke on Wednesday kept the door open to further interest rate cuts, saying policymakers will keeping using “all the tools at our disposal” to restore stability in financial markets.

Bernanke: Quick Rebound Not in the Cards
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Chairman Ben Bernanke talks about the credit markets and how it will take quite some time [...]



Economy Grew 3.3% in 2nd Quarter, Much Higher Than Initial Reading

Aug 28th, 2008 | By Gregory Arzumanov | Category: Financial News

WASHINGTON (AP) - Economic growth rebounded at better-than-expected 3.3% annual rate in the April-June quarter, the government said Thursday.
The Commerce Department says the economy shifted to a higher gear, growing at its fastest pace in nearly a year, as foreign buyers snapped up U.S. exports and tax rebates spurred shoppers at home.
The revised reading was [...]