Subject:
Ben Bernanke Ben Shalom Bernanke (born December 13, 1953) is an American economist. Bernanke succeeded Alan Greenspan as the Chairman of the United States Federal Reserve on February 1, 2006. He was nominated for a second term by President Barack Obama in 2009 as the Chairman of the Federal Reserve. [Wikipedia]
US Bond Market
By John Schroy, on November 19th, 2006 |

The Democratic Party and its supporters have indicated a willingness to enact legislation that will reduce demand for bonds, while increasing supply: a recipe for lower bond prices and higher yields. Questionable economic policies are expected to include support for Fannie Mae, protectionist trade measures, and large pensions for unionized civil servants.
Federal Reserve
By John Schroy, on July 5th, 2006 |

It has been widely-publicized that Ben Bernanke, the new Federal Reserve Chairman, has strong views regarding the Federal Reserve Bank’s responsibility and ability to control inflation in the United States. Most of the discussion about interest rates seems to start with the assumption that interest rates do indeed control inflation and that the Federal Reserve’s ability to rig short-term rates gives it the power to stabilize the value of money.
But is this assumption reasonable?
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