Ben Bernanke

Legislation to modify debit-card interchange fees cannot compete with celebrity gossip. It is not surprising that lobbying efforts have changed the minds of 19 senators who formerly aligned themselves with consumers and small banks (to…

LURING THE UNSOPHISTICATED into the stock market was considered a risk by Federal Reserve Chairman Alan Greenspan in 1994. So much so, that protecting the individual investor was a mandate of the Fed. (The Fed advertises and then omits new…

Win Thin of Brown Brothers Harriman was on Bloomberg talking to Tom Keene and Michael Cloherty, head of U.S. rates strategy for fixed income and currencies at RBC Capital Markets, about the global markets for a good fifteen minutes today.…

Here is a prequel to Ben Bernanke's press conference from James Galbraith. He seems to think that this approach is risky. But, in retrospect, Bernanke acquitted himself well. Gavyn Davies said it well. That goes to style though. I agree;…

Today marks the first time we are witnessing a regularly scheduled news conference by a Fed chairman in the Federal Reserve's 98-year history. Most reactions to Ben Bernanke's performance were positive, meaning he reiterated the themes he…

The US dollar continued to weaken for the seventh consecutive day, with the dollar index hitting its lowest level since August 2008, ahead of the today’s FOMC meeting. In our view the Fed is likely to reaffirm its ultra-accommodative…

The Fed chairman is now crafting the Fed's public image just as politicians do. The press conference is a part of that pubic relations campaign. What should we expect then?

Whatever thunder the FOMC meeting usually has is being stolen this week by the first of Bernanke's press conference tomorrow. In fairness, the FOMC's statement is unlikely to change substantively from the mid-March statement. The press…

Fred Sheehan argues that it is unlikely that Ben Bernanke will raise rates. He says either the market or a successor will do so. He adds that there are several similarities between current trends and those in 1994, a year when many…

Here is Omid Malekan back with a video explaining inflation to the layman. You have seen his videos on Bank Bailouts Explained and Quantitative Easing Explained. The QE explained video was especially popular and went viral on the Internet.…