Stocks Up On Bernanke Reassurance

Business News: CBSNews.com, CBS News: Business
Tue, 02/24/2009 - 2:09pm

Federal Reserve Chairman Ben Bernanke has given Wall Street a double dose of reassurance. Bernanke told Congress Monday that the recession might end this year, and that regulators aren't planning to nationalize banks.

Topics: federal reserve chairman ben bernanke wall street congress monday reassurance

Place your ad here
Loading...

BING NEWS:

Dow sheds more than 400 points, Nasdaq retreats further from 17K, S&P declines
Wall Street ended lower on Wednesday, as equities came under pressure amid a bond sell-off that extended from the previous session.
05/29/2024 - 9:09 am | View Link
Federal Reserve Watch: Supply-Side Is Driving Economy
The U.S. economy thrives on technological innovation and productivity growth, supported by a stable monetary policy from the Federal Reserve. Read what investors need to know.
05/24/2024 - 6:08 am | View Link
Is the Federal Reserve just winging it?
For instance, in March 2021, the FOMC projected the interest rate would still be zero in 2022. The actual 2022 rate was 1.75 percent. And in 2023, the vast majority of FOMC members thought the rate ...
05/23/2024 - 4:16 am | View Link
Fed shifts talk to 'scenarios' as policy grows less certain
Federal Reserve Chair Jerome Powell said in a May 1 press conference he didn't want to talk about economic "hypotheticals," but that's what he and other U.S. central bank officials have shifted ...
05/21/2024 - 10:29 pm | View Link
Bernanke and Blanchard Say Central Banks Need Cooler Job Markets
Central bankers in the last mile of their battle against inflation still need labor markets to cool, though the impact on unemployment may vary across countries.That’s according to a new analysis by ...
05/16/2024 - 3:00 am | View Link
More

More Movie News

More Business News

Capital One closes multiple Houston-area branches
BizJournals, Wednesday - 06/05/2024 - 06:00 AM
Prior to the closures, Capital One already had the least number of branches of the 10 largest banks in the region.
More | Talk | Read It Later | Share
International investment firm acquires wind farm in South Texas
BizJournals, Wednesday - 06/05/2024 - 06:00 AM
It's part of the company's "managed strategy" for North American growth.
More | Talk | Read It Later | Share
Howard University's engineering college receives record donation from software giant
BizJournals, Wednesday - 06/05/2024 - 05:45 AM
A new 2,500-square-foot "design and make" facility will be added to Howard's campus.
More | Talk | Read It Later | Share
Business, policy leaders say AI can help Mass. keep lead in biotech, healthcare
BizJournals, Wednesday - 06/05/2024 - 05:12 AM
The Massachusetts High Technology Council and Boston Consulting Group published a new report with recommendations for applying AI to boost the state’s life sciences and healthcare industries.
More | Talk | Read It Later | Share
Developer seeks to toss lawsuit over Waltham lab project
BizJournals, Wednesday - 06/05/2024 - 05:04 AM
The property's former owner claims it will lose out on millions of dollars because of the developer's decision to sell the site.
More | Talk | Read It Later | Share
Erie County's high-end deals, $1 million sales both rebounded in April
BizJournals, Wednesday - 06/05/2024 - 05:00 AM
Business First defines high-end deals as those worth $400,000 or more. We track where these transactions are closing, and how many are closing, to help us pinpoint hot spots in the local market.
More | Talk | Read It Later | Share

Stocks Up On Bernanke Reassurance

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News