News with the tag "Ben Bernanke"

The Bank of England(BoE) has announced today that Ben Bernanke, who presided over the U.S. Federal Reserve during the global financial crisis, will oversee a review of the institution’s forecasting procedures. The BoE has been under fire from British legislators for failing to foresee the magnitude ...

In the latest Federal Open Market Committee (FOMC) report, it was stated that the U.S. economy has been experiencing moderate growth and members of the committee have decided to raise the federal funds rate by 25 basis points (bps) in order to keep a handle on inflation. Fed Raises Benchmark Bank Ra...

With just a four-day window to go, the U.S. Federal Reserve appears primed to raise the federal funds rate by 25-basis-points (bps) at the forthcoming Federal Open Market Committee (FOMC) meeting scheduled for Wednesday. The market presently maintains the conviction that this quarter-point uptick is...