Bernanke: Far Too Early To Call Victory In Recovery

WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Tuesday it is too soon to declare victory in the U.S. economic recovery, warning against complacency in policymaking as the outlook brightens.

Sections:  news   business   
RELATED ARTICLES
  • US home sales rebound slightly in FebruaryUS home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tourObama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • US home building is surging, but job growth isn'tUS home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
ASK NEWS:
  • Krugman's Claiming Milton Friedman For The MIT Gang Now? What? - Forbes.com
    ... economics and its call for ... of that MIT Gang, Ben Bernanke : Let ... History of the United States early in my ... And this is thus all a ...
    07/24/2015 - 8:21 am | View Link
  • More
BING NEWS:
  • White House Takes Lessons From Bernanke Close Call
    Bernanke’s close call in 2010. In the final days before the confirmation ... withdrew his name from consideration for the Fed chairman post after Democratic opponents rallied early against him, seeing him as too close to Wall Street.
    11/7/2013 - 4:00 pm | View Link
  • Japanese Stocks Are Up 400 Points in Three Days... More to Come?
    Longtime DailyWealth readers should be familiar with what I call the "Bernanke Asset Bubble ... Google ended up pulling out of China completely in early 2010, sealing the victory for Baidu. Baidu's rise from underdog status to "Google of China" sent ...
    11/19/2012 - 7:00 pm | View Link
  • Bernanke’s Little Depression
    The Telegraph’s Ambrose Evans-Pritchard discusses Bernanke’s Little Depression ... early to mid 2008. He allowed a collapse in the money supply to run unchecked, causing avoidable disasters at Fannie, Freddie, Lehman, and AIG later that year. Call ...
    09/24/2012 - 5:10 am | View Link
  • In A Sudden Twist, A New Group Of Economists Are Blaming Bernanke For The Great Recession
    The economy will take off in early 2013. Bernanke's pledge to keep interest rates ... Modern monetarists -- or market monetarists as they call themselves -- have achieved a bittersweet victory. They have been calling for QE3 all year.
    09/24/2012 - 1:51 am | View Link
  • Back Ben Bernanke's QE3 with a clothes peg on your nose
    Fed chair Ben Bernanke kept policy far too tight after the US economy buckled in early to mid 2008 ... Modern monetarists -- or market monetarists as they call themselves -- have achieved a bittersweet victory. They have been calling for QE3 all year.
    09/22/2012 - 1:00 pm | View Link
  • More
BING SEARCH:
  • Ben Bernanke
    Ben Shalom Bernanke is an American economist at the Brookings Institution who served two terms as chairman of the Federal Reserve, the central bank of the United ...
    08/3/2015 - 3:45 pm | View Website
  • Neel Kashkari
    Neel Tushar Kashkari (born July 30, 1973) is an American banker and politician. As interim Assistant Secretary of the Treasury for Financial Stability from October ...
    08/2/2015 - 11:53 pm | View Website
  • Financial Times
    The latest India and international business, finance, economic and political news, comment and analysis from the Financial Times on FT.com
    08/2/2015 - 11:39 pm | View Website
  • PETER SCHIFF NEWS BLOG
    THE PETER SCHIFF BLOG : Tracking Economist Peter Schiff and The Libertarian Austrian School of Economics
    08/2/2015 - 9:59 pm | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    08/2/2015 - 7:14 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News