Tag: Ben Bernanke

The Takeaway

Christina Romer on Ben Bernanke

Monday, April 25, 2011

This week Federal Reserve Chairman Ben Bernanke will go in front of reporters for his first-ever press conference. He will take questions about policy inflation and the Fed's bond-buying program in an effort to promote transparency between the Fed and the American public. What should Bernanke say to develop Americans' trust? Christina Romer, professor of Economics at University of California, Berkeley, and former chairwoman of President Obama's Council of Economic Advisers says she'd like the truth.

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The Takeaway

This Week's Agenda: Middle East, Oil, Federal Reserve, Royal Wedding

Monday, April 25, 2011

Despite promises of reform from both the Syrian and Yemeni governments, demonstrations — and serious bloodshed — rage in both countries. NATO continues to support the rebels in Libya while some U.S. Senators call for Gadhafi's ouster. Marcus Mabry, editor-at-large of the International Herald Tribune, looks at protests throughout the Middle East and NATO's role in Libya. Middle East turmoil has also led to rising oil and gas prices in the U.S. Oil companies are set to release their earnings this week and Charlie Herman, economics editor for The Takeaway and WNYC, looks at rising oil profits and potential price gouging investigations.

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The Takeaway

This Week's Agenda: Egypt, Jobs and the Economy

Monday, February 07, 2011

Egypt will likely dominate the headlines all week, with everyone waiting to see if President Hosni Mubarak will cede to the wishes of the protesters and step down. Calli Crossley, host of The Callie Crossley Show on WGBH in Boston, looks at what's ahead this week for the people of Egypt and its government. Charlie Herman, economics editor for The Takeaway and WNYC in New York, looks at the potential impact the uprising in Egypt could have on the price of oil, and on how it could impact trade on the Suez Canal.

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The Takeaway

Will $600 Billion in 'Quantitative Easing' Help Ordinary Americans?

Monday, November 08, 2010

Last week, New York Times Wall Street and finance reporter Louise Story explained how the Federal Reserve's new economic recovery plan, known as "quantitative easing," works. Story explained that the process is intended to effectively lower already-low interest rates, making it cheaper for banks to borrow money. But how will this impact ordinary, middle-class Americans?

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The Takeaway

Voters Vent Economic Frustration at the Polls, While Bankers Make the Policies

Thursday, November 04, 2010

Many Americans are angry about the sluggish state of the economy. On Tuesday, they went to the polls and took their anger out on elected officials. But the people who have a very large effect on the American economy aren't elected at all. They’re the appointed officials at the Federal Reserve Bank, headed by Ben Bernanke. As if to underscore that point, The Fed announced Wednesday that they’ll buy $600 billion worth of Treasury bonds, in an effort to stimulate economic growth.

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The Takeaway

Quantitative Easing: The Fed's Latest Attempt to Improve The Economy

Thursday, November 04, 2010

The Federal Reserve Bank announced Wednesday that it will once again make a large purchase of Treasury Bonds — $600 billlion worth — as part of a Quantitative Easing to help the struggling economy. The response of many to this news: "Quantitative what?" Louise Story, Wall Street and Finance Reporter for our partner The New York Times, joins the show to break it down.

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The Takeaway

Ben Bernanke Says Fed Could Assist Economy

Friday, July 23, 2010

When Fed Chair Ben Bernanke called the economic outlook "unusually uncertain" on Wednesday, markets reacted by taking a dive. When Bernanke returned to the House Financial Services Committee on Thursday, he amended his previous statement and said that the Federal Reserve was open to assisting the economy if necessary. This helped the stock market rally after the previous day's dip.

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The Takeaway

Financial Regulation Becomes Law; Bernanke Calls Outlook 'Unusually Uncertain'

Thursday, July 22, 2010

President Obama made it official yesterday: the financial overhaul bill has been signed into law. So who are the winners as this new law takes effect? Takeaway contributor Beth Kobliner believes the consumer is the real winner in financial reform, with new rules about mortgages, credit cards and student loans. However, she reminds us that car dealers are not included in the law, so it's important to stay vigilant.

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The Takeaway

Fed Chair Warns Nation's Budget on "Unsustainable Path"

Thursday, June 10, 2010

Federal Reserve Chairman Ben Bernanke had troubling words when he testified before the House Budget Committee on Wednesday. In describing the state of the economy, Bernanke said that the nation’s budget “appears to be on an unsustainable path.”  The New York Times’ Wall Street and finance reporter Louise Story, explains that the chairman’s critique is a serious matter, and discusses the possible further economic pitfalls that lie ahead.

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The Takeaway

Takeouts: Washington, Sports, Your State of the Union

Monday, January 25, 2010

  • WASHINGTON: Ben Bernanke is seeking confirmation as Fed chairman before his term ends next Sunday. Takeaway Washington correspondent Todd Zwillich tells us if the Senate will play politics with the nomination.
  • SPORTS: After yesterday's NFL conference championships, we now know who's going to the superbowl: The Indianapolis Colts and the New Orleans Saints. Takeaway sports contributor Ibrahim Abdul-Matin recaps the game.
  • YOUR STATE OF THE UNION: President Obama gives his first ever State of the Union speech this Wednesday. All week, we're asking listeners and guests for their own version — preferably in six words. We hear some submissions we've been getting so far.

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