Economic Stimulus, Federal Reserve | featured news

US Federal Reserve Chairman Ben Bernanke tells Congress that the US economy is "close to faltering" and more action may be needed.

Bernanke launched a new package of measures to support a limping economy and once again took the kind of unconventional approach that has become a trademark of his tumultuous tenure.

Despite the limping economy, Republican Congressional leadership urged the Federal Reserve chairman not to engage in further stimulus.

Bottom Line: Stocks rose in mid-morning trade on Wall Street Tuesday as investors grew more optimistic that the Federal Reserve would announce new moves to stimulate the economy.

Federal Reserve Chairman Ben Bernanke renewed his promise on Thursday that the central bank could put more monetary stimulus into play if the economic recovery stumbles.

Federal Reserve Chairman Ben Bernanke defended the Fed's new $600 billion program to aid the economy on Saturday, rejecting concerns that it will spur runaway inflation.

The Federal Reserve wanted to push interest rates lower and jump-start financial markets with its $600 billion economic stimulus plan. So far the Fed is getting the results it wants.

The Federal Reserve escalated its efforts to get the U.S. economic recovery back on track Wednesday, again entering the realm of risky and untested policy in response to the worst downturn in generations.

Investors are awaiting the outcome of the midterm elections and the Federal Reserve’s two-day meeting amid speculation over stimulus programs.

The Federal Reserve looks set to embark on a hotly debated second round of monetary easing next week, but much uncertainty surrounds the scope and pace of bond purchases by the U.S. central bank.