Ben Bernanke

New Fed chair has passion for equations

This article published on Thursday 2 February takes an in-depth look at Ben Bernanke. The new Fed chief, it says, wants to strip away some of the mystery of the Fed and come out with an inflation range to aim for over the medium or long term.

Greenspan goes out with final jab at inflation

The Federal Reserve's decision to increase interest rates again left open the possibility of another increase next month in a smooth handoff of the Fed policy baton from Greenspan to Ben Bernanke, this article published on Wednesday 1 February says.

Bernanke inherits an experienced Fed staff

Alan Greenspan's legacy includes a Fed full of battle-tested veterans who helped him calm the markets and steer the U.S. economy through September 11, the 1987 stock market crash, the international currency crises of the 1990s and two recessions,…

Ben Bernanke sworn in as Fed chairman

Ben Bernanke on Wednesday 1 February became the fourteenth Chairman of the Board of Governors of the Federal Reserve System and the Chairman of the Federal Open Market Committee, succeeding Alan Greenspan.

Comment: Bernanke's options kept open

Subtle changes in the wording of the Fed's latest monetary policy statement leaves new chairman, Ben Bernanke, with more wiggle-room than may have been expected. Markets will become very sensitive to incoming data and will look to Bernanke's Capitol Hill…

Bernanke - Be tough, independent, raise rates

As Ben Bernanke takes over the reins at the Federal Reserve after his all-but-certain confirmation on Tuesday 31 January , Washington is bracing itself, according to this article published Monday, for the kind of noisy Fed transition it hasn't…

Bush to nominate Lazear to head CEA

US President George W. Bush has picked a business school professor, Edward Lazear, to be the chairman of his Council of Economic Advisers, the White House announced late Monday 30 January.

Senate votes on Bernanke, FOMC meets

The US Senate is aiming for a midday vote on the nomination of White House adviser Ben Bernanke to be chairman of the U.S. Federal Reserve, Senate leadership aides were quoted by Reuters as saying on Tuesday 31 January.

Fed will raise rates as Bernanke waits

The pending change in the chairmanship of the Federal Reserve won't stop the FOMC raising US interest rates by a quarter point when they meet on 31 Jan for the 14th consecutive meeting, according to this article published on Tuesday 24 January.

Comment: Talking points in January

January has been an eventful month in central banking circles. Debate intensified at the Federal Reserve and the Bank of Japan over their monetary policy frameworks, while the Bank of Italy and the State Bank of Pakistan saw new governors taking office…

Comment: Geithner sounds a loud warning

For the second time this month New York Fed president and vice-chairman of the rate-setting Federal Open Market Committee, Timothy Geithner, has publicly adopted a view on a major policy issue that differs substantially from that of incoming Fed chairman…

BoE's Lambert 'admired' King's rate decision

In the speech 'Central bank communications: Best practices in advanced economies' given on 23 January Richard Lambert of the Bank of England, a former editor of the Financial Times, highlighted the likely change in communication at the Federal Reserve,…

Comment: Fed debate continues

Janet Yellen, president of the San Francisco Fed, on Thursday 20 January came out in strong support of incoming chairman Ben Bernanke's suggestion that the Fed should adopt fully-fledged inflation targetting.

Bernanke must prove mettle with rate hike

What the financial markets want from a new Fed chairman are several attributes, among them technical competence and independence, according to this article published on Tuesday 17 January. To prove he's the right person for the job, Ben Bernanke must…

Former Fed governors expect change

According to the article "As Bernanke era begins, former Fed governors expect change" published Wednesday 11 January, Ben Bernanke will arrive at the Fed without the clout either of his predecessors carried on Wall Street or in Washington. Only time will…

Ferguson's banking expertise may aid Bernanke

Although Ben Bernanke will take the reins of the U.S. economy when he takes over as chairman of the Federal Reserve next month; Roger Ferguson may be the one holding the reins of the Fed itself, this article published on Wednesday 10 January suggests.

Who is Ben Bernanke?

Of all the things investors can worry about in the new year, the Greenspan void has to be on the list, according to this article published on Monday 9 January. Bernanke faces not only the risk of unsettling the Greenspan bon ami in global markets, it…

Bernanke Senate vote expected by 31 Jan

The full US Senate will vote on whether to confirm Ben Bernanke as the next Federal Reserve chairman by the end of January, a spokesman for Senate Majority Leader Bill Frist said on Tuesday 10 January.

Bernanke may have to grow up fast

Alan Greenspan's first major test came a mere 10 weeks into his tenure as chairman of the Federal Reserve, with the stock market crash of 1987. This article published on Wednesday 4 January looks at the challenges that could face Ben Bernanke when he…

How the Fed should steer the Bernanke transition

According to this article published on Monday 28 November, the minutes of the latest Federal Open Market Committee meeting, released last week, suggest the Federal Reserve is having some difficulty handling the transition to a new chairman.

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