Ben Bernanke

Jerome Powell was sworn in on Feb. 5, 2018 as the 16th chairman of the Federal Reserve. In the role, Powell is tasked with steering America’s economy. Here is a look at some things you might not know about Powell. 1. Education: He graduated with a bachelor’s degree from...

The price of bitcoin was flat on Thursday after former national security advisor John Bolton revealed in his new book that President Donald Trump reportedly instructed Treasury Secretary Steven Mnuchin to “go after Bitcoin [for fraud]" in a conversation in May 2018. At the time...

The S&P 500 came roaring back after hitting multi-year lows on optimism that a $2 trillion government stimulus package can get America through the worst of the coronavirus (COVID-19) outbreak. The Dow Jones Industrial Average gained nearly 20% over a three-day stretch from Tuesday...

The 2008 financial crisis was the result of the collapse of the financial system but the coronavirus could have the opposite impact of trickling its way towards the financial system, according to former Fed Chairman Ben Bernanke. Different Type of Financial Crisis The 2008 crisis started with the...

Every year, Time recognizes one person, group of people or an inanimate object that influenced the course of the year, for better or worse.  Someone has filled each slot since 1927. This year, teen climate activist Greta Thunberg joined a list that includes Bill Gates, the computer, Richard...

Paul Volcker, former Federal Reserve chairman who curbed a decade of high inflation and tightened the reins on commercial banks after the 2008 financial collapse, died Monday at 92. Volcker got his start in the Treasury Department during the Kennedy, Johnson and Nixon administrations. There, he...

A handful of former Federal Reserve leaders deplored the central bank's current leadership to act independently and implement policies in the best interests of the economy. What Happened Former Fed leaders Paul Volcker, Alan Greenspan, Ben Bernanke and Janet Yellen wrote in a Wall Street...

The S&P 500 surged more than 3 percent Friday, and much of the bullish sentiment stemmed from dovish comments made by Federal Reserve Chair Jerome Powell. Powell and former Fed Chairs Janet Yellen and Ben Bernanke participated in a roundtable discussion at the America Economic Association...

All roads led to Jackson Hole, Wyoming, this weekend, as central bankers, chief executives of banks, finance ministers, U.S. government representatives and academics all converged at this scenic location to air their views, both formally and informally, on various economic issues. This two-day...

As the din on the fourth interest rate hike in the current normalization cycle settles down, the focus shifts to whether the Federal Reserve will have a change of guard at the helm when the incumbent Janet Yellen completes her term on February 3, 2018. Keen On Serving Out The Full Term At the...

In the Federal Reserve's current tightening campaign, the Federal Open Market Committee has looked into shrinking the central bank’s balance sheet. The median dealer expects the FOMC to allow the balance sheet to begin shrinking in the second quarter of 2018, according to the March survey...

The S&P 500 has continued to push higher in the past month, but oil investors aren’t enjoying the Trump Rally as much as anticipated. Following OPEC’s historic production cut agreement back in November, WTI crude oil prices surged from around $45/bbl to above $50/bbl in a matter of...

Barack Obama, the 44th president of the United States, will hand over the reins to Donald Trump on Friday. 15 Things We'll Miss Though one may not entirely agree with all the policies of Obama, here are the few things we’ll miss about the Obama administration: Obama entered office during the...

Former Federal Reserve Chairman Ben Bernanke and economist Peter Olson co-wrote an op-ed for the Brookings Institute titled "Are Americans better off than they were a decade or two ago?" For starters, a report by the Bureau of the Census showed that real median household income rose by 5.2 percent...

There’s no question that Federal Reserve Chair Janet Yellen is under a huge amount of pressure to determine the right time to raise interest rates following the worst U.S. recession since the Great Depression. Raising interest rates too quickly could derail the economy’s fragile...