Posts with tag Ben Bernanke

On its face, it's a shocking headline -- but it's not quite what it seems. The Federal Deposit Insurance Corporation announced today that it would begin selling bonds backed by residential mortgages. If these sound a little too much like the kinds of financial instruments that cratered the economy in 2008, rest assured... Continue Reading »

Federal Reserve Chairman Ben Bernanke has been cautious yet deliberate with his words as he's outlined the direction the Fed likely will take over the next few years. Bernanke believes that stimulus funding and similar programs need to stop so that we can start addressing America's "unsustainable" debt levels. So how will... Continue Reading »

Federal Reserve Chairman Ben Bernanke recently warned of rising mortgage rates. But when you take a closer look at the testimony, he's referring to a couple years down the road -- probably closer to 2012 than 2010. In his April 27 testimony before President Obama's federal deficit committee, Bernanke expressed concern... Continue Reading »