The U.S. jobless rate is likely to stay high even once the nation exits recession some time in the next few months, Federal Reserve Chairman Ben Bernanke said on Sunday.
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The U.S. jobless rate is likely to stay high even once the nation exits recession some time in the next few months, Federal Reserve Chairman Ben Bernanke said on Sunday.
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it’s worth asking if a carefully monitored dose of inflation, might be the fastest — and maybe only — way to spring America free of its debtor’s shackles.
The Fed and its chairman have made many errors in judgment, not the least their overly-optimistic pronouncements when the first tremors from the sub-prime meltdown arose.
WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke sought to assure Wall Street and Congress Tuesday that the U.S. central bank will be able to reel in its extraordinary economic stimulus and prevent a flare up of inflation when the reco…
Federal Reserve Chairman Ben Bernanke helped steer the economy away from what he calls “Depression 2.0.” Now he’s trying to defend the Fed itself.
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Could our long national nightmare be over? The economic contraction, this Great Recession, began in December 2007, and there’s no apparent end in sight. As the unemployment rate has spiked, analysts have thrown cold water on Federal Reserve Ch…