BEN BERNANKE

U.S. inflation expectations were very stable and well-anchored at a low level despite pronounced swings in the past few years, Federal Reserve Chairman Ben Bernanke said on Wednesday.

The Senate on Thursday voted to limit fees charged on credit and debit card transactions, and separately moved to overhaul the credit-rating business as part of a widening Wall Street reform bill.

The Federal Reserve's promise to hold interest rates ultra low for an extended period depends on economic conditions and could change if the recovery picks up, central bankers said on Thursday.

The number of workers filing for jobless benefits fell only slightly last week, suggesting the unemployment rate will remain elevated even as recovery in the labor market builds steam.

The Senate approved two amendments to a landmark Wall Street reform bill on Thursday that would shake-up the credit rating agency business, widely maligned for its role in the 2007-2009 financial crisis.

The Australian dollar is weaker once again versus the Greenback starting today at 0.8945 US.

Federal Reserve Chairman Ben Bernanke on Tuesday described the Greek debt crisis to lawmakers as a European dilemma but one that could have hit U.S. banks if left unattended, senior senators said.

Federal Reserve Chairman Ben Bernanke on Tuesday described the Greek debt crisis as a European problem but one that could have hit U.S. banks if left unattended, a senior Republican senator said.

Economic growth is not an end in itself, but policy makers pursue it because richer countries are better able to provide health, jobs and a clean environment for their people, Federal Reserve Chairman Ben Bernanke said on Saturday.

President Barack Obama said U.S. authorities were investigating the cause of a nearly 1,000-point plunge in the Dow Jones industrial average that spooked investors and fueled anger at Wall Street.

U.S. authorities on Friday were investigating the cause of a nearly 1,000-point plunge in the Dow Jones industrial average that left many investors gasping.

The Securities and Exchange Commission held urgent discussions on Friday to calm investors' raw nerves a day after a plunge of nearly 1,000 points in the Dow Jones industrial average, during which some stocks lost more than 60 percent of their value.

The Federal Reserve is closely monitoring financial turbulence in Europe as it could have repercussions for the United States and its markets, policymakers at the central bank said on Thursday.

U.S. bank lending remains tight but there are reasons for optimism as economic activity has continued to strengthen and banks may be changing their attitudes toward lending, Federal Reserve Chairman Ben Bernanke said on Thursday.

The Federal Reserve is considering revealing more supervisory information, as public disclosure was an important part of the success of last year's bank stress tests, Fed Chairman Ben Bernanke said on Thursday.

Warren Buffett on Sunday intensified his feisty defense of a controversial mortgage transaction marketed by Goldman Sachs Group Inc , saying the investment bank's behavior does not warrant public fury.

Bank of Israel Governor Stanley Fischer said on Sunday Israel could become a leading economy globally if a Middle East peace deal is reached but that the key challenges for now were to accelerate growth and cut poverty.

President Barack Obama on Thursday nominated Janet Yellen, the president of the San Francisco Federal Reserve Bank and a renowned monetary policy dove, to be vice chairman of the U.S. central bank.

The Federal Reserve on Wednesday resumed a two-day meeting where it is expected to repeat a vow to keep interest rates at rock bottom levels for an extended period while acknowledging the U.S. economic recovery is getting stronger.

The Federal Reserve is expected on Wednesday to repeat its vow to keep interest rates at rock bottom levels for an extended period while acknowledging that the U.S. economic recovery is getting stronger.

The U.S. Federal Reserve opened a two-day meeting on Tuesday that is widely expected to end with a decision to leave interest rates on hold near zero and a fresh commitment to keep them there for an extended period.