Ben Bernanke

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Serious Money

Investors in US Treasury bonds enjoyed spectacular real returns of more than 8 per cent annualised between the autumn of 1981 and the summer of 2012, (...)

The headquarters of the European Central Bank (ECB) in Frankfurt, Germany. The ECB should fess up its errors and figure out a neat way of giving us some debt relief.

Has a central bank ever admitted making a mistake? Not very often, as far as I can tell. Maybe some minor missteps have been owned up to, but the big (...)

Federal Reserve vice chairman Janet Yellen is sworn in as Federal Reserve chairman by Federal Reserve Board Governor Daniel Tarullo at the Federal Reserve Building today. Chairman Yellen is replacing Ben Bernanke as Federal Reserve Chairman. Photograph: Mark Wilson/Getty Images

Janet Yellen has been sworn in as chairman of the Federal Reserve, becoming the first woman to hold the position. Her term as chair of the US’ central(...)

The US Federal Reserve reduced its monthly asset purchases by another $10 billion at chairman Ben Bernanke’s final meeting. Photograph: Getty

The US Federal Reserve reduced its monthly asset purchases by another $10 billion to $65 billion last night as it shrugged off emerging market turmoil(...)

Chairman of the Federal Reserve Ben Bernamke listens during a joint economic committee hearing in Washington. Photographer: Andrew Harrer/Bloomberg

The US Federal Reserve has announced a further $10 billion reduction in its monthly bond purchases as it stuck to a plan to wind down its extraordinar(...)

Ben  Bernanke will chair his last meeting as head of the US  Federal Reserve today before Janet Yellen takes over.  Photograph: Pete Marovich/Bloomberg

Turmoil in emerging markets and a month of disappointing job growth in the US are unlikely to deter the Federal Reserve from trimming its bond-buying (...)

Ben Bernanke, soon to be ex-chairman of the US Federal Reserve, will surely be regarded as one of the Fed’s most significant chairmen. Photographer: Andrew Harrer/Bloomberg

In their patter song in The Pirates of Penzance, Gilbert and Sullivan satirised the notion of an educated “modern major-general”. Today they might sat(...)

US Federal Reserve chairman Ben Bernanke: signalled likely slowing of asset purchases. Photograph: Alex Wong/Getty Images

The United States Federal Reserve plans to “proceed cautiously” in slowing its asset purchases as the minutes of its December meeting put a dovish spi(...)

US Federal Reserve chairman Ben Bernanke responds to reporters during  news conference last month. Mr Bernanke is due to hand  over the reins of the US central bank in February. Photograph: Jonathan Ernst/Reuters

Ben Bernanke is ending his tenure as Federal Reserve chairman with an upbeat assessment for the US and global economy, declaring “some grounds for cau(...)

Bill Gates’s fortune increased by $15.8 billion last year, according to the index, as shares of Microsoft, the world’s largest software maker, rose 40 per cent. . Photographer: Ramin Talaie/Bloomberg

Microsoft founder Bill Gates has recaptured the title of world’s richest person with estimated fortune of $78.5 billion.The 58-year-old tycoon’s fortu(...)

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