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
  • Bond pros: Volatility coming, but no 'tantrum' - Yahoo! Finance
    ... the way former Fed Chairman Ben Bernanke did in ... If the economy starts moving faster than some had expected-at a time when the central bank ...
    06/29/2015 - 3:24 pm | View Link
  • Blackstone and BlackRock Are Getting Into Each Other's Business - Yahoo! Finance
    Blackstone and BlackRock Are Getting Into Each Other’s Business - Bloomberg
    06/29/2015 - 12:33 pm | View Link
  • $250,000 per Speech -
    ... time with less bacon and more pornography), was absolutely delighted to read that Ben Bernanke ... lend it, and the money went out into the ...
    06/29/2015 - 7:45 am | View Link
  • For Fed to Delay Rate Hikes, Global Tumult Would Need to Infect U.S. -
    ... gathering that September could be the time for ... big headwind for the United States economy." The ... closely with then-chairman Ben ...
    06/29/2015 - 6:18 am | View Link
  • Dudley: Rate hike ‘very much in play’ - CNBC
    ... strengthening of the US economy continues ... stimulus from former Fed chairman Ben Bernanke. ... Some time after starting to hike rates, the ...
    06/29/2015 - 6:18 am | View Link
  • More
  • For Fed to Delay Rate Hikes, Global Tumult Would Need to Infect U.S.
    A wave of financial turbulence overseas could delay the Federal Reserve’s plans to raise short-term interest rates in the months ahead, but only if it ends up knocking the U.S. economy off track ... September could be the time for liftoff.
    06/29/2015 - 7:53 pm | View Link
  • Up front: economic forecasters didn't get it right in 2008
    At this time in 2008, here were some major headlines by The Associated ... The Fed chief said other forces should "provide some offset to the headwinds that still face the economy." Bernanke said, "The risk that the economy has entered a substantial ...
    06/29/2015 - 5:07 pm | View Link
  • CEFL At All-Time Low, But 21.8% Dividend Yield Makes It A Buy
    The economy is now showing modest growth with ... the last two years as a special adviser to Ben Bernanke and Janet Yellen, who were chairman and vice chairwoman at the time, was quoted in the New York Times as saying "However, the participation gap ...
    06/29/2015 - 11:59 am | View Link
  • IMF counters Raghuram Rajan's comment about world facing Great Depression-like problems
    has made this conclusion after studying the global financial crisis of 2007-09 and the role of policies for stability of the financial system or the economy as a whole at that time. "In advanced economies, this debate is revolving around the role of ...
    06/27/2015 - 9:00 pm | View Link
  • Grand Central: The Fed Could Misfire Again on Its Unemployment Projections
    Bernanke ... suggested for the first time that a deal to avert the country’s bankruptcy was in sight after an 11th-hour proposal submitted by Athens on Monday made a significant concession on pension cuts. Eurozone Economy Revives Despite Greek Crisis.
    06/23/2015 - 1:44 am | 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 ...
    06/29/2015 - 8:09 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.
    06/29/2015 - 12:02 pm | View Website
  • Ben Bernanke News
    News about Ben Bernanke. Commentary and archival information about Ben Bernanke from The New York Times.
    06/28/2015 - 5:25 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.
    06/28/2015 - 1:51 pm | View Website
  • Bernanke Wants The US President To Declare "Economic ...
    Presidents should get the power to declare economic emergencies along the lines to declare war, said former Federal Reserve Chairman Ben Bernanke on Monday.
    06/28/2015 - 2:02 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