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 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 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'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
BING NEWS:
  • Ben Bernanke Reviewed
    His thesis is that Fed messaging is a powerful policy tool (communicating to the markets what the Fed intends to do and not do is itself efficacious in creating desired results), and that asset purchases (what the world has come to call ... early to run a ...
    12/1/2015 - 3:45 am | View Link
  • Week In The News: Southern Freeze, State Of The Union, So Long Bernanke
    Nathan Deal said early Wednesday that the National Guard was sending military ... Stock market's stumbling. A death penalty call in the Boston Marathon bombing. And Pete Seeger's gone. Turn, turn, turn. This hour On Point: our weekly news roundtable ...
    01/31/2014 - 12:20 am | View Link
  • 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.
    11/11/2013 - 11:01 am | View Link
  • Bernanke: Economy Still Weak, No Time for Austerity
    Just because the US has employed marginally less bad policies doesn’t mean that we should declare victory. As an example ... federal level was quite expansionary during the recession and early in the recovery, as the recovery proceeded, the support ...
    11/20/2012 - 2:56 pm | View Link
  • Bernanke’s Little Depression
    The Telegraph’s Ambrose Evans-Pritchard discusses Bernanke’s Little Depression in his latest column: Fed chair Ben Bernanke kept policy far too tight after the US economy buckled in early ... call themselves — have achieved a bittersweet victory.
    09/24/2012 - 2:56 am | View Link
  • More
BING SEARCH:
  • Eight Days
    As Bernanke hurried to the Department of the Treasury for his weekly breakfast with Secretary Paulson, crisis loomed. Lehman Brothers Holdings, Inc., a global ...
    03/23/2017 - 3:35 am | View Website
  • Ben Bernanke
    Ben Bernanke; Chairman of the Federal Reserve; In office February 1, 2006 – February 3, 2014: President: George W. Bush Barack Obama: Deputy: Roger Ferguson
    03/22/2017 - 1:59 pm | View Website
  • World
    Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News.
    03/22/2017 - 12:47 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
    03/21/2017 - 7:48 am | View Website
  • Donald Trump
    Early life. Trump was born Donald John Trump in Queens, New York City. He is the son of Fred Trump and his wife, Mary Anne (nee MacLeod), who married in 1936.
    03/21/2017 - 6:22 am | 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