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Oil prices make slight gains Tuesday

Oil prices make slight gains Tuesday

NEW YORK, Sept. 7 (UPI) -- Crude oil prices rose slightly in New York Tuesday, but held under $74 per barrel as concern over a stalled recovery continues to dominate economic news.

Crude oil prices ease back Monday

NEW YORK, Aug. 30 (UPI) -- Crude oil prices settled slightly during the Monday, dropping under $75 per barrel after a modest recovery last week.

Bernanke outlines Fed options

JACKSON HOLE, Wyo., Aug. 27 (UPI) -- U.S. Federal Reserve Chairman Ben Bernanke said Friday the central bank would consider several options for priming the stalled economic recovery.

Fed in slowdown shows disarray

WASHINGTON, Aug. 26 (UPI) -- U.S. investors are looking for clear signals from Federal Reserve policymakers, who have lately shown signs of disarray, policy analysts said.
Bernanke says recovery has ways to go

Bernanke says recovery has ways to go

CHARLESTON, S.C., Aug. 2 (UPI) -- Federal Reserve Chairman Ben Bernanke said Monday the U.S. economy still had "a considerable way to go," before the economic recovery is complete.
Bernanke predicts slow, steady growth

Bernanke predicts slow, steady growth

WASHINGTON, July 21 (UPI) -- Federal Reserve Chairman Ben Bernanke told a Senate panel Wednesday that the U.S. economy was on track for a long, slow improvement.
Bernanke calls for action on deficit

Bernanke calls for action on deficit

WASHINGTON, June 9 (UPI) -- U.S. Federal Reserve Chairman Ben Bernanke warned members of a House budget panel that the country's finances were "on an unsustainable path."
Bernanke: Reform must be inclusive

Bernanke: Reform must be inclusive

SEOUL, June 1 (UPI) -- U.S Federal Reserve Chairman Ben Bernanke said reform of financial regulations required cooperation between developed nations and emerging economies.
Bernanke lauds 2009 stress tests

Bernanke lauds 2009 stress tests

WASHINGTON, May 6 (UPI) -- U.S. Federal Reserve Chairman Ben Bernanke lauded the bank stress tests the government conducted a month ago on the nation's 19 largest banks.
Bernanke: Recession could have been worse

Bernanke: Recession could have been worse

WASHINGTON, April 8 (UPI) -- The recession that began in 2007 "could have rivaled or surpassed the Great Depression," U.S. Federal Reserve Chairman Ben Bernanke said Thursday.
Bernanke sounds optimistic, or almost that

Bernanke sounds optimistic, or almost that

DALLAS, April 7 (UPI) -- Federal Reserve Chairman Ben Bernanke said the U.S. economy was on the mend, but still wobbly after a two and a half year recession.
Bernanke reaffirms low lending rates

Bernanke reaffirms low lending rates

WASHINGTON, March 25 (UPI) -- U.S. Federal Reserve Chairman Ben Bernanke told members of a House committee Thursday the economy still required low bank-to-bank lending rates.
Bernanke pitches for strong Fed

Bernanke pitches for strong Fed

WASHINGTON, March 17 (UPI) -- U.S. Federal Reserve Chairman Ben Bernanke told House Financial Services Committee members the financial system requires "consolidated supervision."

Markets climb on Bernanke's speech

NEW YORK, Feb. 24 (UPI) -- U.S. markets rose Wednesday after Federal Reserve Chairman Ben Bernanke said there was no immediate plan to raise the federal funds rate.
Bernanke says funds rate will remain low

Bernanke says funds rate will remain low

WASHINGTON, Feb. 24 (UPI) -- U.S. Federal Reserve Chairman Ben Bernanke told a House panel Wednesday that the federal funds rate would remain low "for an extended period."
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Photos
Ben Bernanke
Federal Reserve Board Chairman Ben Bernanke testifies before a House Financial Services Committee hearing on the Humphrey-Hawkins Semi-Annual Report of the Federal Reserve on Monetary Policy in Washington on July 21, 2009. (UPI Photo/Kevin Dietsch)
Wiki

Ben Shalom Bernanke (English pronunciation: /bərˈnæŋki/ bər-nang-kee; born 1953) is an American economist, and the current Chairman of the Federal Reserve, the central bank of the United States. During his tenure as Chairman, Bernanke has overseen the response of the Federal Reserve to late-2000s financial crisis.

Bernanke was a tenured professor at Princeton University and was chair of the Department of Economics there from 1996 to September 2002, when he went on public service leave. From 2002 until 2005, he served as a member of the Board of Governors of the Federal Reserve System. Here he outlined the Bernanke Doctrine and first spoke of the Great Moderation, where he postulated that we are in a new era, where modern macroeconomic policy has decreased the volatility of the business cycle. He then served as Chairman of President George W. Bush's Council of Economic Advisers before President Bush appointed him to be Chairman of the United States Federal Reserve on February 1, 2006. Bernanke was confirmed for a second term as Chairman on January 28, 2010, after being nominated by President Barack Obama.

Bernanke was born in North Augusta, South Carolina, and was raised in a ranch-style house on East Jefferson Street in Dillon, South Carolina. His father Philip was a pharmacist and part-time theater manager, and his mother Edna was an elementary schoolteacher. He is the eldest of three children, having a brother and sister. His younger brother, Seth, is a lawyer in Charlotte, North Carolina, and his younger sister, Sharon, is a longtime administrator at Berklee College of Music in Boston.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Ben Bernanke."
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