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.

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    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
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    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
  • Barry Sternlicht: Stocks tell me 'party is over' - Yahoo! Finance
    Barry Sternlicht: The 'party is over' - CNBC
    10/6/2015 - 9:59 am | View Link
  • Morning MoneyBeat Europe: Recent Rally Fades in Europe - Wall Street Journal
    ... mark on Europe's largest economy.Europe’s ... You May Have Missed on MoneyBeat Bernanke Says ... its fuel surcharge for the second time ...
    10/6/2015 - 4:42 am | View Link
  • New Bernanke Book Defends Financial Bailouts as Courageous -
    Others saw it, and Bernanke appeared at the time to be in strenuous denial that a bursting of this bubble could affect the larger economy.
    10/5/2015 - 2:52 pm | View Link
  • Bernanke's legacy: Fed did too much? - CNBC
    Reserve Chairman Ben Bernanke believes the ... heavy lifting in getting the U.S. economy back up ... monetary policy in place during his time at ...
    10/5/2015 - 2:11 pm | View Link
  • Street waiting for clues on bottom in stocks - Yahoo! Finance
    Street looking for bottom in stocks - CNBC
    10/5/2015 - 11:10 am | View Link
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  • Ben Bernanke: Productivity Is What's Ailing The US
    He added that slow productivity is ailing the economy and more capital investment is required to boost growth – even at a time when the U.S. economy is outperforming other economies worldwide. Related Link: This ETF Is Begging Yellen To Raise Interest ...
    10/5/2015 - 5:23 pm | View Link
  • Worried about low US inflation; Fed must not hike: Bernanke
    The lower growth in the US economy is not a hangover from the Great Recession ... the risk is that ordinary interest rates will be low all the time. ... What happens where there's a recession, there's no where to cut." Discounting he's giving credence ...
    10/5/2015 - 4:10 pm | View Link
  • Did Ben Bernanke really want to put bankers in jail? His book says no.
    Rather, he seemed to regard threats against individuals as counterproductive or, at the very least, irrelevant to what he considered Job 1 in real time: Keeping the economy from falling into a depression. That's one takeaway from Bernanke's book.
    10/5/2015 - 11:39 am | View Link
  • Bernanke defending Fed actions to battle recession
    WASHINGTON (AP) — Former Federal Reserve Chairman Ben Bernanke says the U.S. economy is outperforming Europe at the moment because the Fed moved more quickly and aggressively to fight the 2008 financial crisis than Europe did. Bernanke, writing an ...
    10/5/2015 - 10:27 am | View Link
  • Ben Bernanke: This is what's weighing on US economy
    Growth has been slower around the world, but the U.S. economy has been doing better than others, Bernanke said. With central bankers considering an interest rate hike for the first time in nine years, Bernanke wrote in a Wall Street Journal op-ed that ...
    10/5/2015 - 9:06 am | View Link
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  • Ben Bernanke News
    News about Ben Bernanke. Commentary and archival information about Ben Bernanke from The New York Times.
    10/5/2015 - 6:55 pm | View Website
  • No, Bernanke … Defense Spending Does NOT Help the Economy ...
    This page has been archived and commenting is disabled. No, Bernanke … Defense Spending Does NOT Help the Economy!
    10/5/2015 - 3:49 pm | View Website
  • FRB: Speech--Bernanke, Monetary Policy and the Global ...
    Chairman Ben S. Bernanke At the Department of Economics and STICERD (Suntory and Toyota International Centres for Economics and Related Disciplines) Public ...
    10/5/2015 - 12:04 am | View Website
  • No, Bernanke ... Defense Spending Does NOT Help the ...
    Most if not all of our national debt is most likely attributable to defense spending, both on and off the books. And this is over and above the income ...
    10/4/2015 - 8:44 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.
    10/3/2015 - 1:43 pm | View Website
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