Ben Bernanke
Trump taps former Federal Reserve insider to replace Powell
Kevin Warsh, a confidant of the US president, looks poised to push many of Trump’s priorities as a “shadow” Fed chief until Powell’s tenure ends in mid-May.
- Ann Saphir and Susan Heavey
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- Opinion
- Investing
A Nobel Prize for the economics of panic
Former Federal Reserve chair Ben Bernanke has found that during a market panic, the rational thing to do is to panic along with everyone else.
- Paul Krugman
Ben Bernanke, two other Americans, awarded Nobel Prize for work on banks
The former US Federal Reserve chairman was among three economists to share the coveted prize.
- Opinion
- Wall Street
Nightmare on Wall Street as retailers confirm investors’ fears
The US sharemarket has tanked again on fears of stagflation and recession. The latest carnage came after America’s biggest retailers revealed plunging profits.
- Stephen Bartholomeusz
Back off, Trump! Former Fed chairs team up to defend US central bank
The four living former chairs of the Federal Reserve have issued a rare joint statement calling for the central bank to remain free of political interference.
- Makini Brice
'Amnesia' may lead to another economic crisis, fear GFC veterans
Ten years on from the last financial crisis, there are fears that authorities have forgotten the past.