Bernanke Says Economy Needs More Time To Heal

Bernanke says economy needs more time to heal

WASHINGTON (Reuters) - The U.S. economy is not fully recovered from its deep recession with housing still weighing on growth, Federal Reserve Chairman Ben Bernanke said on Friday in a speech on the importance of community development.

Sections:  news   business   
  • 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
  • The End is Near! - Safe Haven
    ... system and stable economy. This view was closely related to the (Friedman/Bernanke) view that ... Deposits fell $16.0bn. Small Time Deposits
    05/8/2015 - 11:04 am | View Link
  • Bernanke faces harsh words at hedge fund conference - Fortune
    ... inflict on financial markets and the economy. ... any of his time to bash Bernanke. The warmer than expected reception could be because ...
    05/7/2015 - 3:39 pm | View Link
  • UPDATE: Countdown to the stock-market Crash of 2016 is ticking ... - TD Ameritrade
    In spite of Bernanke's obviously rational solution to the core problems of the American economy ... The past half century has been a time of
    05/7/2015 - 12:12 pm | View Link
  • Fed 'Liftoff' Won't Send Banks Into Orbit - Wall Street Journal
    ... are hoping for a steady flow.The economy likely ... then from former Fed Chairman Ben Bernanke sent ... Labor Day.But any such spike this ...
    05/7/2015 - 12:02 pm | View Link
  • S&P 500 Falls to One-Month Low, Dollar Sinks on Growth Concerns - Washington Post
    U.S. Stocks, Dollar Tumble on Growth Concerns, Yellen Comments - Washington Post
    05/6/2015 - 3:34 pm | View Link
  • More
  • Research Affiliates: Expect Less Than 1% Per Year Over 10 Years
    The reason for the firm’s low return expectations essentially comes down to its belief in the persistence of the negative trends slowing down the U.S. economy as ... than structural, Bernanke thinks it is just a matter of time before the savings glut ...
    05/22/2015 - 7:28 am | View Link
  • Why the US economy can’t seem to shake off the Great Recession
    It's time to recognize that globalization has brought ... because of major changes to the underpinnings of the economy. REUTERS/Kevin LamarqueBen Bernanke Former Federal Reserve chairman Ben Bernanke has since chimed in, expanding upon his view that ...
    05/22/2015 - 6:52 am | View Link
  • GMO’s James Montier: Bernanke and Yellen don’t understand how the economy works
    The first shows that corporate investment is generally financed with internal funds, rather than debt: Here’s another showing interest rates over time ... up the economy. But Montier lumped Krugman in along with economists like Ben Bernanke and Janet ...
    05/22/2015 - 1:10 am | View Link
  • Most influential Jews in finance, economics and business
    Yellen has already overseen the beginning of the end of the unconventional Quantitative Easing Program her predecessor Ben Bernanke started, and as the US economy gains steam ... all that while still taking time each week to observe Shabbat.
    05/21/2015 - 4:48 pm | View Link
  • Investment Markets: Is there anything to learn from 1929? Part 1
    The Roaring Twenties: a time when average Americans ... At this juncture […] the impact on the broader economy and financial markets of the problems in the sub-prime markets seems likely to be contained. - Ben Bernanke, (chairman of the Federal Reserve ...
    05/21/2015 - 4:34 pm | View Link
  • More
  • 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 ...
    05/21/2015 - 10:07 pm | View Website
  • The Villain
    The left hates him. The right hates him even more. But Ben Bernanke saved the economy—and has navigated masterfully through the most trying of times.
    05/21/2015 - 8:41 pm | View Website
  • Ben Bernanke was Wrong For everyone who missed this, I'm reposting a compilation highlighting the Wisdom and Economic Sagacity of the man ...
    05/20/2015 - 4:46 pm | View Website
  • Ben Bernanke News
    News about Ben Bernanke. Commentary and archival information about Ben Bernanke from The New York Times.
    05/18/2015 - 8:30 pm | View Website
  • FRB: Speech, Bernanke--Money, Gold, and the Great ...
    Bernanke, Ben (1983). "Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression," American Economic Review, 73, (June) pp. 257-76.
    05/18/2015 - 3:22 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