Experts on either side of the fence await word from Ben Bernanke in Jackson Hole today. At stake? The potential for more monetary stimulus, which could bolster the economy but may hurt in the long run.
U.S. Federal Reserve Chairman Ben Bernanke delivers a speech on economic policy this morning in Jackson Hole. We speak to BBC reporter Andrew Walker about why investors across Europe can't wait to hear it.
If Fed chair Ben Bernanke announces a lending and spending program in Wyoming on Friday, it would mean he is concerned about deflation, or falling prices on things like food and consumer goods.
Reports show that during the height of the housing crisis in the U.S., the Federal Reserve made as much as a trillion dollars off secret loans made to banks.
Regulators at the Federal Reserve are pushing to make sure the U.S. arms of European banks are keeping enough money in their vaults in case of a new crisis.
Interest rates for banks that borrow from the Fed will remain near zero percent for the next two years. But keeping rates that low for that long is unprecedented and making such a bold statement carries risk.
The Federal Reserve said the economy is still suffering, and took the unprecedented step of saying it will hold rates at nearly zero until the middle of 2013