Ben Bernanke

Submitted by James Miller of the Ludwig von Mises Institute of Canada Alan Greenspan Asked For Advice, Do People Ever Learn? Unbelievable. That is the only way to express this author’s utter bewilderment that former Federal Reserve chairman Alan Greenspan is still given an outlet to speak his mind.  Actually, I am surprised Mr. Greenspan has the audacity to show his face, let alone speak, in public after the economic destruction he is responsible for. It was because of Greenspan, of...Read Full Story

Higher rents assist the banks to convince loan owners staying in their homes. However, at some point mortgage rates must increase with increased inflation and that will push affordability down. This article assumes that wages will increase with inflation and that might not be the case. Will the rent be too damn high for Bernanke? By Nin-Hai Tseng, Writer May 3, 2012: 10:03 AM ET Rents are soaring, and that’s bad news for inflation — and for Federal Reserve chairman Ben Bernanke’s plans to...Read Full Story

Mortgages have become notoriously difficult to obtain, even among some of the most creditworthy borrowers, and lending standards are unlikely to be eased any time soon, according to Federal Reserve Chairman Ben Bernanke. Ben Bernanke acknowledges that mortgages are harder than ever to obtain. Image courtesy of trackrecord Bernanke, speaking at a Chicago banking conference last week, said that while banks have made significant progress in overall lending (taking into account other forms of...Read Full Story

(Reuters) – Banks have become so restrictive in making mortgages that many worthy homebuyers are being frozen out of the U.S. housing market, and lending practices are not likely to loosen any time soon, Federal Reserve Chairman Ben Bernanke said on Thursday. Speaking via satellite to a banking conference in Chicago, Bernanke highlighted ongoing problems in mortgage finance availability, even though banks are much healthier now as the 2007-2009 financial crisis has receded. “To be sure, a...Read Full Story

Submitted by James Miller of the Ludwig von Mises Institute of Canada Alan Greenspan Asked For Advice, Do People Ever Learn? Unbelievable. That is the only way to express this author’s utter bewilderment that former Federal Reserve chairman Alan Greenspan is still given an outlet to speak his mind. For the Full Post: zerohedge.com/fullrss2.xml/news.goldseek.com/MillenniumWaveA…Read Full Story

WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke reminded lawmakers at a closed-door meeting on Thursday that failing to address automatic spending cuts and tax increases at the end of the year could damage an already fragile economic recovery, congressional aides said. The Fed chairman has repeatedly sounded a warning that congressional inaction on what has come to be known as “the fiscal cliff” could dent growth if left untended. … More: Bernanke warns lawmakers on looming...Read Full Story

Ben Bernanke speech - banks are stronger but are they lending? http://www.voicegig.com/view-speech/2413/banks-and-bank-lending%3a-the-state-of-play-ben-bernanke%2c-chairman-of-the-board-of-governors-of-the-federal-reserve-system/Speech: Banks and Bank Lending: The State of Play - Ben Bernanke, Chairman of the Board of Governorswww.voicegig.comBen Bernanke: The banking sector overall also has substantially improved its liquidity position over the past few years. Indeed, large banks in the...Read Full Story

Gold Bullion Touches 4-Month Low in Sterling, US “Fiscal Cliff” Means Fed “May Need to Again Cushion Economy” – 26 April 2012 - Gold Analysis from Bullion Vault Gold Bullion prices hovered around $1650 per ounce during Thursday morning’s London session – slightly higher than where they started the week – while stocks and commodities were also broadly flat as markets digested the latest statements from US policymakers. Silver Bullion failed to break above $31 per ounce – remaining around 3...Read Full Story

Those comments came not from President Obama, Tim Geithner, Ben Bernanke. work to serve the banksapos interest rather than protect the safety and soundness of the system. If you start the clock with Bear Stearnsapos near failure and Fed-engineered. Bernanke says Fed working on regulatory failures – The Guardian Bernanke says banks need bigger capital bufferFinancial News. MyFox DetroitBernanke Wants to Ensure Volcker Rule Doesn39t Impair LiquidityBloombergFederal Reserve Chairman Ben S...Read Full Story

Fed Ben Bernanke press conference april 25 2012, what time is april 25 2012 fomc statement, what time is fomc april 2012, At the end of a two-day meeting, the Federal Open Market Committee will put out a policy statement at 12:30 EDT (1630 GMT) and its forecasts at 1400 EDT/l800 GMT. Fed Chairman Ben Bernanke's news conference starts at 1415 EDT/1815 GMT. The Fed is due to release a statement outlining its views on policy and the economy at about 1630 GMT, followed by a news conference by Fed...Read Full Story