|
Select
Example Headline of Genre for Date
Bernanke to Face Senate Banking Committee
AP - Ben Bernanke, who once thought himself an "academic lifer," is poised to take his biggest step yet away from the classroom and toward becoming the most influential economist in the world. President Bush's choice to head the Federal Reserve after Alan Greenspan retires goes before the Senate Banking Committee on Tuesday.
Retail sales held back by gas and cars
Reuters - U.S. retail sales fell a
smaller-than-expected 0.1 percent in October on a dip in car
purchases, government data showed on Tuesday, while sales grew
robustly outside the auto showroom and gasoline station.
US chain store sales fall: report
Reuters - U.S. chain store retail sales fell in
the latest week, as warmer weather keep shoppers out of the
stores and away from the Veteran's Day sales, a retail report
said on Tuesday.
Bernanke to Go Slow on Inflation Targeting
AP - White House chief economic adviser Ben Bernanke pledged Tuesday to run the Federal Reserve independent of political influences, a promise aimed at reassuring investors and central bankers worldwide as well as the American public. He also promised to move slowly on inflation targeting - an area where Bernanke and Alan Greenspan differ.
Bernanke vows to fight for stable prices
Reuters - Ben Bernanke, nominated to be
Federal Reserve chairman, on Tuesday vowed to fight for U.S.
price stability, and said while a stated inflation goal could
improve monetary policy, he would not rush such a step.
Wall Street steady ahead of Bernanke hearing
FT.com - Wall Street stocks hovered around the flat line on Tuesday morning as investors digested a slew of data but held off making big bets ahead of the Senate's questioning of Ben Bernanke, the White House' nomination to replace Alan Greenspan at the Federal Reserve.
Fed officials still focused on inflation
Reuters - The Federal Reserve will continue to
raise interest rates to stop expectations for higher inflation
from gaining traction, Fed policy-makers suggested on Tuesday.
Dollar eases against euro as Fed nominee faces Senate questioning
AFP - The dollar eased slightly against the euro as jitters set in while Ben Bernanke, the nominee to replace Alan Greenspan as US Federal Reserve chairman, testified before the Senate Banking Committee.
Treasuries up on Bernanke inflation remarks
FT.com - US Treasuries rose and yields fell on Tuesday as Ben Bernanke, President George W. Bush's nominee to be the next chairman of the US Federal Reserve, spoke at his confirmation hearing of the need to contain inflation expectations and to maintain price stability.Mr Bernanke, who would replace Alan Greenspan, faced tough questioning from the Senate Banking Committee, but there is little doubt that he will be confirmed. Tony Crescenzi, strategist at Miller, Tabak, said the hearings would mark the shift between market attention to Mr Bernanke's words and those of Mr Greenspan. ...
Greenspan's designated successor promises to be own man
AFP - Top White House economic adviser Ben Bernanke promised Tuesday anti-inflation policy continuity and political independence if confirmed to succeed the legendary Alan Greenspan as Federal Reserve chief.
Dollar boosted by strong US data
FT.com - The US dollar hit fresh cycle highs against the euro, yen, sterling and Swiss franc on Tuesday as strong retail sales data cleared the way for the Federal Reserve to continue raising rates.
New Fed chairman favours inflation targeting
FT.com - Ben Bernanke extolled the benefits of inflation targeting in his confirmation hearing to be the next Federal Reserve chairman on Tuesday, saying that a well-defined inflation objective was consistent with the Fed's current practices and Congressional mandate.
Bernanke: I Won't Use Politics to Run Fed
AP - Ben Bernanke, the president's chief economist, told senators he'll continue the policies of Alan Greenspan if confirmed as Federal Reserve chairman and will make sure the central bank remains free of political influence.
Text of Statement by Ben Bernanke
AP - Text of the prepared statement of White House chief economic adviser Ben Bernanke, the president's choice to head the Federal Reserve after Alan Greenspan retires. The Senate Banking, Housing, and Urban Affairs Committee was holding his nomination hearing Tuesday.
Greenspan's would-be successor promises to be own man
AFP - Top White House economist Ben Bernanke promised to bust inflation, boost growth and be his own man if confirmed to succeed the legendary Alan Greenspan as Federal Reserve chief.
Bond Market Ends Higher on Bernanke Talk
AP - Prices of longer-dated Treasurys led the government bond market higher Tuesday, as investors sought comfort in anti-inflation rhetoric from Ben Bernanke, nominated to be the next chairman of the Federal Reserve.
Dollar eases as Fed nominee signals policy continuity
AFP - The dollar retreated from two-year highs against the euro and yen following a round of economic reports and comments by the nominee for Federal Reserve chief that suggested higher US rates to come.
Ben Bernanke Vows To Battle Inflation, Just Like Greenspan
Investor's Business Daily - Federal Reserve chairman nominee Benjamin Bernanke sought to ease jitters that he would break with Alan Greenspan policies, repeatedly embracing the low-inflation focus of the Greenspan era.
| 
