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   
RELATED ARTICLES
  • 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
  • US casino revenue up nearly 5 percent in 2012US casino revenue up nearly 5 percent in 2012
    Things are looking up for most of the nation’s commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady. According to the annual survey of casinos by the American Gaming Association, America’s nontribal casinos took in $37.3 billion from gamblers last year, an increase of 4.8 percent over 2011. More
ASK NEWS:
  • Why the Fed Must Act Now to Get Money into the Hands of Ordinary ... - AlterNet.org
    Meanwhile, the economy continues to teeter on ... Ben Bernanke recommended it in his notorious ... and Lonergan write: It’s well past time, ...
    09/2/2014 - 1:20 pm | View Link
  • The Real Financial Monster: Low Interest Rates - Huffington Post
    The Real Financial Monster: Low Interest Rates - Atlanta Journal And Constitution
    09/2/2014 - 10:04 am | View Link
  • America’s Monetary Crisis: Even the Council on Foreign Relations ... - Global Research
    Meanwhile, the economy continues to teeter on ... Ben Bernanke recommended it in his notorious ... and Lonergan write: It’s well past time, ...
    09/2/2014 - 9:53 am | View Link
  • A New Study Shows That There Was No Silver Lining To The Great ... - Business Insider
    Now creative destruction happens all the time in the US economy. ... Former Fed Chairman Ben Bernanke has called it “the worst financial crisis
    09/2/2014 - 5:28 am | View Link
  • One Little Change for the Federal Reserve - American Thinker
    ... for improving the economy through fiscal policy ... told former Fed Chairman Bernanke: “You’re ... rates -- and shouldn’t waste any ...
    09/1/2014 - 2:20 pm | View Link
  • More
BING NEWS:
  • Recession 'Very Likely Over,' Bernanke Says
    The economy is "very likely" out of the worst recession since the 1930s, Federal Reserve Chairman Ben Bernanke said Tuesday, but he warned that unemployment could stay at high levels for some time to come. Bernanke, speaking at the Brookings Institution in ...
    09/15/2014 - 4:58 am | View Link
  • The Global Economy Has Become Heavily Addicted to Bernanke’s Dollars
    After all, the U.S. is the world’s largest economy, and any indication its recovery may be sputtering (again) should be a negative for markets. Not so this time. Stock markets around the world soared. Even the stocks and currencies of emerging markets ...
    09/25/2013 - 6:45 am | View Link
  • Bernanke Warns That Lawmakers’ Budget Battles Could Tank Economy
    that the government pays its bills and that we avoid any kind of event like 2011 which had at least for a time a noticeable adverse effect on confidence and on the economy,” Mr. Bernanke said at a press conference. The U.S. Treasury Department has told ...
    09/18/2013 - 9:47 am | View Link
  • Bernanke: Economy Still Weak, No Time for Austerity
    Ben Bernanke’s speech on the economy today offered no new information. It was more of an overview on the state of the economy, and it hit on many very familiar themes which Bernanke has expressed for a long time now, including the need to loosen lending ...
    11/20/2012 - 4:56 pm | View Link
  • Bernanke bets time will heal economy's wounds
    The Federal Reserve has done all it can for now to get the U.S. economy back on track. Now it's time to simply wait for it to heal. That was the message delivered by Federal Reserve Chairman Ben Bernanke in a widely anticipated speech Friday to an annual ...
    08/26/2011 - 7:55 am | View Link
  • More
BING SEARCH:
  • Ben Bernanke: TIME's 2009 Person of the Year
    Q&A with Ben Bernanke. The Fed chairman sat down with TIME on Dec. 8 for a conversation about everything from the state of the economy to the contents of his wallet
    09/15/2014 - 10:00 pm | View Website
  • 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 ...
    09/15/2014 - 2:29 pm | View Website
  • Economic News
    Data is a real-time snapshot *Data is delayed at least 15 minutes Global Business and Financial News, Stock Quotes, and Market Data and Analysis
    09/15/2014 - 8:03 am | 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.
    09/14/2014 - 3:35 pm | View Website
  • FRB: Speech--Bernanke, The Economic Outlook and Monetary ...
    Chairman Ben S. Bernanke At the Federal Reserve Bank of Kansas City Economic Symposium, Jackson Hole, Wyoming August 27, 2010 The Economic Outlook and ...
    09/14/2014 - 3:03 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