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2014-05-21 23:07:43

Former Chairman of Federal Reserve System reflects event’s powerful program. Arlington, Va. (PRWEB) May 21, 2014 Demonstrating its commitment to providing high-caliber, diverse leaders in its event programming, the National Association of Chain Drug Stores (NACDS) announced today that Dr. Bernanke, chairman, The Federal Reserve System (2006-2014) will address the NACDS Total Store Expo during the morning Business Program on Sunday, August 24, 2014 at the Boston Convention and Exhibition...

2009-12-16 11:56:00

NEW YORK, Dec. 16 /PRNewswire/ -- Today, TIME magazine announced its choice for Person of the Year. Here's more on this year's selection. Listen to this report from TIME at: http://inr.mediaseed.tv/oneClip_C/?feed=HO0oll5PKdN_KrLsjlKu3gaHYl8iJS2C Medialink is a division of The NewsMarket. Registered journalists can access video, audio, text, graphics and photos at http://www.thenewsmarket.com. 12NY09-0769 SOURCE Medialink; TIME

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2009-08-21 10:45:00

U.S. Federal Reserve Chairman Ben Bernanke told assembled bankers and policymakers in Wyoming Friday to expect the U.S. economy to grow soon. Fears of financial collapse have receded substantially, Bernanke said at the Fed's annual retreat in Jackson Hole. After contracting sharply over the past year, economic activity appears to be leveling out, he said, echoing the phrasing from a recent Fed policy statement. Then Bernanke took the sentiment a step further saying, the prospects for a...

2009-08-20 07:45:34

U.S. Federal Reserve Chairman Ben Bernanke heads to a policymaker retreat Thursday with no signal yet from the White House on how he is doing at his job. His appointment as Fed chairman is up at the end of the year. But some say Bernanke's job is only half done, as a massive economic rescue effort must also be wound down as the economy edges toward normalcy. Headed to the annual Fed retreat in Jackson Hole, Wyo., Bernanke is confronted with the problem of when to raise interest rates before...

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2009-07-26 21:47:11

Federal Reserve Chairman Ben Bernanke told an audience in Missouri Sunday unemployment will exceed 10 percent before receding in the second half of 2009. In an appearance at a town hall in Kansas City, Mo., Bernanke said the economy is showing signs of improvement but he said recovery will not be rapid, CNN Money reported. During the event -- Bernanke on the Record -- the Fed chairman took questions from audience members and from moderator Jim Lehrer, the host of NewsHouron PBS. Bernanke said...

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2009-07-22 12:31:45

U.S. Federal Reserve Chairman Ben Bernanke said Wednesday the speed and shape of a U.S. economic recovery depends on the labor market and consumer spending. A U.S. recovery will likely start slow because U.S. consumers, who account for some 70 percent of the U.S. economic spending, are grappling with high debt and housing price declines, Bernanke said in the second day of his semiannual congressional testimony on monetary policy. We don't expect the consumer to come roaring back by any means,...

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2009-07-21 12:24:20

U.S. Federal Reserve Chairman Ben Bernanke said Tuesday the U.S. economy and financial markets have improved but were still too weak to raise interest rates. Rates will therefore likely remain at exceptionally low levels for extended periods, Bernanke told the House Financial Services Committee. While the pace of economic decline appears to have slowed significantly, the labor market continues to weaken, he said. The unemployment rate is currently at a 26-year high of 9.5 percent, and the Fed...

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2009-07-21 07:11:09

U.S. Federal Reserve Chairman Ben Bernanke, once faulted for being slow to address market fears, will now explain the central bank's growing interventionism. He will deliver his semiannual testimony on the Fed's U.S. economic outlook and monetary policy before the House Financial Services Committee Tuesday and the Senate Banking Committee Wednesday. But he'll also face questions about Fed transparency and the central bank's expanding regulatory power, lawmakers say. The Fed went too far in...

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2009-06-25 11:18:30

U.S. Federal Reserve Chairman Ben Bernanke said the central bank acted with integrity in guiding the sale of Merrill Lynch & Co. I believe that the Federal Reserve acted with the highest integrity throughout its discussions with Bank of America, Bernanke told members of the House Committee on Oversight and Government Reform. The bank has come under criticism after Bank of America Chief Executive Officer Kenneth Lewis suggested top regulators pushed the deal through last winter by...

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2009-05-22 14:15:00

U.S. Federal Reserve Chairman Ben Bernanke urged Boston College Law School graduates to stay optimistic. Bernanke wound students through a quick rundown of his own life, touching on the points he considered unpredictable, including his growing up in South Carolina and attending Harvard University as a 17-year-old on the advice of a friend. After that, he said, chance favors the prepared mind, attributing the quote to Louis Pasteur. So, my advice to you is to stay optimistic. Things usually...


Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
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