Ben Bernanke

U.S. stocks were unable to keep yesterday's momentum and ended the day sharply lower. The Dow suffered yet another triple digit decline with the S&P 500 and Nasdaq indices shedding more than one percent. In Ben Bernanke's final meeting as Fed chief, the FOMC tapered its monthly bond...

Current Federal Reserve Chairman Ben Bernanke is likely to finish his term at the helm of the US central bank by cutting the bank's monthly asset purchases by another $10 billion. US economic data has pointed to a strengthening recovery, which will probably push Fed officials to reduce monthly...

The questions raised by last week's stock market sell-off are simple: How long and how deep? The short answers are: The sell-off may get deeper, but it won't last forever. Stocks opened higher on Monday, creating hope of a short end to the selling. But the early gains were gone by noon. Maybe...

The People's Bank of China worked to reduce rates by injecting large amounts of cash into markets on Monday and Tuesday. The bank surprised investors on Monday with an unexpected shot of yuans and followed up Tuesday with the addition of 255 billion yuan, the largest amount of money the bank...

After much anticipation and heavily speculation the Federal Reserve announced a $10 billion per month taper. Treasury purchases will be cut to $40 billion per month with MBS purchases cut to $35 billion per month. The Fed's move shouldn't come as a surprise as recent economic data and...

On Tuesday and Wednesday, the Federal Reserve will meet for the last time in 2013. The final policy meeting of the year will provide further clarity on the hotly debated question of when, or if, the Fed will begin to scale back on its $85 billion-a-month bond buying program. In June, the Fed'...

As we close out the final month of the year, Federal Reserve statements,  window dressing, tax selling and volatile commodities will boost cause uncertainty in the markets. The Federal Reserve transition and decline in precious metals make this December especially hot. GFI Group (NYSE: GFIG...

Comments from the Federal Reserve's current chief Ben Bernanke cemented investor expectations that the US central bank would hold off on tapering in December. Bernanke, who surprised markets back in September when he opted not to begin the taper, said the bank was planning to continue with its...

After much anticipation, Janet Yellen was officially nominated as Federal Reserve Chairperson this morning. Yellen offered no surprises during her testimony, which was prepared in advance and made public last night. U.S. markets, as expected, edged slightly higher to continue the rally that was...

New York Fed president William Dudley encouraged support in the Federal Reserve's present monetary policy moving forward towards the Fed's chair transition on CNBC's Squawk Box Tuesday morning. "I think that the market should have reasonable confidence in the forward guidance, because the reality...

The euro held on to gains on Thursday after surging on Wednesday following the Federal Reserve's policy meeting. The US central bank shocked markets by announcing that it would continue with its $85 billion per month stimulus plan. The euro leapt above $1.35 and traded at $1.3535 at 7:30 GMT on...

Goldman Sachs (NYSE: GS) CEO and Chairman Lloyd Blankfein discussed a variety of timely topics on CNBC's Squawk Box on Wednesday morning, including the best person to replace Ben Bernanke as chair of the Federal Reserve and the impending accommodation reductions. With everyone's attention drawing...

IHS Chief Economist Dr. Nariman Behravesh and Federated Investors' Chief Equity Strategist Phil Orlando went over the possible market reactions to Larry Summers removing his name for chair of the Federal Reserve, just before the Federal Open Market Committee meeting this week, on CNBC's Squawk Box...

If people on both sides of the political aisle hate Lawrence Summers, then perhaps he's the right man for the job. Summers dropped out of the race to succeed Ben Bernanke as chairman of the Federal Reserve because he thought getting confirmed would be a difficult battle as a number of Democrats in...

The dollar fell against the euro on Monday morning after news that the former Treasury Secretary Lawrence Summers dropped out of the race to become the new Federal Reserve Chairman in January. The euro traded at 1.3363 at 6:30 GMT on Monday morning. Summers was recommended along with Fed Vice...