News
Bloomberg | Bernanke Defends Asset Buying as Benefits Outweigh Risks
Federal Reserve Chairman Ben S. Bernanke defended the central bank’s unprecedented asset purchases, saying they are supporting the expansion with little risk of inflation or asset-price bubbles.
Washington Times | Banks see 2nd-most profitable year
The U.S. banking industry enjoyed its second-most profitable year in history in 2012, according to a new report from the Federal Deposit Insurance Corp., but that may not be enough to save the jobs of thousands of bankers.
Econ Comments & Analysis
AEI | The Bernanke inflation record revisited
While being questioned in his Semi-Annual Report to Congress, Federal Reserve Chairman Ben Bernanke was criticized as dovish for his expansion of the Fed's balance sheet. In response, Bernanke retorted, "You called me a dove ... My inflation record is the best of any of the governors in the post-war period."
Real Clear Markets | The Fed Shouldn't Regulate What It Doesn't Understand
Fed Chairman Bernanke is making one of his semi-annual appearances before Congress this week to testify on monetary policy. Yesterday, he appeared before the Senate Banking Committee and today he will face the House Financial Services Committee.
CNN Money | Bernanke: There is no stock bubble
Stocks have recently been hovering near a five-year high, but Federal Reserve Chairman Ben Bernanke says a stock market bubble is not in the works.
