Hedge fund Citadel hires Bernanke as consultant

Last Updated: Thursday, April 16, 2015, 22:32

Former US Federal Reserve chairman Ben Bernanke has been hired as a consultant by the Citadel hedge fund, the company announced Thursday.

Fed draws criticism from abroad as emerging markets still reeling

Last Updated: Saturday, February 1, 2014, 11:32

The Federal Reserve`s decision to keep trimming its economic stimulus drew fire on Friday as the Reserve Bank of India`s chief said Americans should be more attuned to the global impact of their policies, and the IMF called for vigilance given strains in financial markets.

Janet Yellen officially named to lead Fed panel

Last Updated: Friday, January 31, 2014, 05:09

One day after outgoing Fed Chairman Ben Bernanke oversaw his final FOMC meeting, the Fed said the panel had unanimously selected Yellen to replace him.

Timeline: Bernanke saw US economy through turbulent times

Last Updated: Thursday, January 30, 2014, 12:32

Federal Reserve Chairman Ben Bernanke departs the US central bank on Friday after eight largely turbulent years in which he guided the economy through the most virulent financial crisis and recession since the Great Depression.

Only time will define Bernanke's crisis-era legacy at Fed

Last Updated: Thursday, January 30, 2014, 12:30

Ben Bernanke did not hesitate when asked whether he was confident that his signature response to the Great Recession would work.

RBI, government vigilant over the US Fed tapering: FinMin

Last Updated: Thursday, January 30, 2014, 11:21

The Finance Minister on Thursday assured investors that the Reserve Bank of India and the government were vigilant over the US Federal Reserve's decision to taper another USD 10 billion in its monthly bond purchases.

In Bernanke's final act, Fed cuts stimulus despite market turmoil

Last Updated: Thursday, January 30, 2014, 05:38

The action was widely expected, although some investors had speculated that the U.S. central bank might put its plans on hold given the jitters overseas.

US stocks tank as Fed trims stimulus again

Last Updated: Thursday, January 30, 2014, 04:04

At the closing bell, the Dow Jones Industrial Average slumped 183.03 points (1.15 percent) to 15,745.53.

Fed cuts stimulus as expected; Bernanke prepares to depart

Last Updated: Thursday, January 30, 2014, 02:50

Starting in February, the Fed will buy $65 billion in bonds per month, down from $75 billion now. It shaved its purchases of US Treasuries and mortgage bonds equally.

Federal Reserve poised for $10 bn taper as Bernanke bids adieu

Last Updated: Wednesday, January 29, 2014, 11:47

Turmoil in emerging markets and a month of disappointing job growth at home are unlikely to deter the Federal Reserve from trimming its bond-buying stimulus on Wednesday, as Ben Bernanke wraps up his last policy meeting at the helm of the US central bank.

Emerging market pain not about to faze US-focused Fed

Last Updated: Monday, January 27, 2014, 13:21

The US Federal Reserve, intent on cutting its stimulus again this week, is not about to blink in the face of a brutal selloff of emerging market assets that could yet gain steam in Turkey, Argentina and elsewhere.

With Yellen on deck, Fed's Bernanke to stick to low-rate vow

Last Updated: Wednesday, January 22, 2014, 13:51

Federal Reserve policymakers will likely leave intact their delicately worded easy-money message when they meet next week, despite a surprisingly sharp drop in US unemployment that threatens to make a central part of that message irrelevant.