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  • Federal Reserve Chairman Ben Bernanke speaks during a news conference in Washington.
  • Ben Bernanke signals Fed to maintain stimulus efforts
    Chairman Ben Bernanke is telling Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs.
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  • Fed to spend $40B a month on bond purchases
    The Federal Reserve says it will spend $40 billion a month to buy mortgage-backed securities for long as necessary to stimulate the still-weak economy and reduce high unemployment.
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  • Fed will spend $600B in latest bid to help economy
    The Federal Reserve will sink $600 billion into government bonds in a bold plan that it hopes will drive interest rates even lower than they already are and start the chain reaction that finally creates jobs and invigorates the economy.
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federal reserve, federal reserve bank, business