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
  • A More Hawkish Fed Could Have Unintended Market Effects -
    ... the first time in nearly a decade. At that time ... made by then-Fed Chairman Ben Bernanke that the ... remains somewhat optimistic on the ...
    05/25/2016 - 2:43 pm | View Link
  • The only way back to sustainable growth - Shanghai Daily
    ... generated significant uncertainty, without stabilizing the world economy. Now the time has come ... As Former Fed Chairman Ben Bernanke points ...
    05/25/2016 - 2:23 pm | View Link
  • Pimco’s Ivascyn Sees ‘More Negative Tilt’ as Global Debt Grows - Bloomberg
    ... adding to housing The global economy faces ... “At some point in time, if that’s not addressed ... former Federal Reserve Chief Ben S. ...
    05/25/2016 - 1:24 pm | View Link
  • Dawn Bennett, Host of Financial Myth Busting, Interviews Jeff ... - International Business Times
    ... just can't figure out how Ben Bernanke and Janet ... that QE would work at some point in time. And for the couple of years the economy has ...
    05/25/2016 - 11:01 am | View Link
  • ‘Helicopter drops’ will not lift Japan out of doldrums - Shanghai Daily
    The world economy is struggling. ... what former US Fed Chair Ben Bernanke recently called a ... wages of part-time workers are, for the first ...
    05/25/2016 - 5:27 am | View Link
  • More
  • 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 - 8:09 am | View Link
  • Bernanke: Economy Still Weak, No Time for Austerity
    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, ... Bernanke: Economy Still Weak, No Time for Austerity David Dayen 2012-11-20 20 Nov 2012 David Dayen 0 0
    11/20/2012 - 2:56 pm | View Link
  • Ben Bernanke's Best Speech Yet, Promises Low Rates "For a Considerable Time After the Economy Strengthens"
    Ben Bernanke's Indianapolis speech on "Five Questions About the Federal Reserve and Monetary Policy" is mostly on the dull side, but it also features the clearest and best pure communications statement yet from the Fed chairman. He takes on Charles Evans ...
    10/1/2012 - 5:40 am | View Link
  • Bernanke says economy needs more time to heal
    "Our economy is far from where we would like it to be," he said in prepared remarks to a conference. The Fed earlier this week said it will see its $600 billion bond buying program, launched in November to spur a weak recovery, through to its planned ...
    04/26/2011 - 1:00 pm | View Link
  • Is Inflation Good for the Economy?
    This might be worrisome news for the economy if those suppliers were only stock piling because of inflation. But that doesn’t seem to be the case either. Inflation is not only causing them to buy more, it is also boosting their sales. At the same time ...
    02/2/2011 - 11:00 am | View Link
  • More
  • Ben Bernanke
    Ben Bernanke; 2014 Powerful People List: Dropoff; Chairman, Federal Reserve, United States Age 62 Residence Washington, DC Citizenship United States
    05/23/2016 - 4:30 pm | View Website
  • Ben Bernanke: Background And Philosophy | Investopedia
    Based on Bernanke's previous writings and comments, we can get a sense of his personal philosophy and what he brings to the position. Inflation Targeting
    05/23/2016 - 5:25 am | View Website
  • FRB: Speech--Bernanke, The Chinese Economy: Progress and ...
    Chairman Ben S. Bernanke At the Chinese Academy of Social Sciences, Beijing, China December 15, 2006 The Chinese Economy: Progress and Challenges
    05/22/2016 - 11:20 pm | View Website
  • Ben Bernanke
    Ben Bernanke; 14th Chairman of the Federal Reserve; In office February 1, 2006 – February 3, 2014: President: George W. Bush Barack Obama: Deputy: Roger Ferguson
    05/22/2016 - 3:53 am | 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 Monetary Policy
    05/19/2016 - 9:54 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