Federal Reserve Chairman Ben Bernanke said today the Fed’s end of its purchases of mortgage-backed securities on April 1 has had a “close to zero” effect on mortgage rates so far, and if a deeper housing crisis ...

Financial institutions such as those that brought the world economy to the brink two years ago present an unconscionable threat and the most “insidious barriers” to competition in financial services, Federal ...

Federal Reserve Chairman Ben Bernanke said today in prepared testimony for a congressional hearing that the Central Bank’s ability to supervise banks of all sizes “significantly” improves its effectiveness ...

A second Federal Reserve official  is on the record as doubting the wisdom of keeping the benchmark interest rate at near zero for an “extended” period of time, as the current policy outlook has stood for several ...

Federal Reserve Chairman Ben Bernanke assured Congress and the public today that record-low interest rates will remain in place to bolster moderate economic growth and what is likely a slow improvement in the unemployment ...

In an 11-page defense of its authority, Federal Reserve Chairman Ben Bernanke today relayed to key Senators his reasoning for keeping the Fed’s current regulatory power intact, particularly because of “its ...

Don’t blame monetary policy for creating the housing bubble that erupted into the worst financial crisis since the Great Depression, said Federal Reserve Chairman Ben Bernanke in prepared remarks released ...

Time Magazine bestowed its Person of the Year 2009 honor to Federal Reserve Chairman Ben Bernanke – the “most powerful nerd on the planet,” who led the effort to save the world economy, the publication ...

The combination of an already tight credit market and a reluctance to fall deeper into debt contributed to the ninth straight month of declining consumer borrowing in October, the Federal Reserve reported today. Consumer ...

Despite general improvement in the financial industry, credit remains tight, especially for “bank-dependent” households and small businesses, Fed Chairman Ben Bernanke said today in remarks followed ...