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Channel: Nicholas Wapshott » federal reserve bank
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Despite flaws, Summers is the best candidate for Fed chair

The two-horse race to replace Ben Bernanke as the Fed chairman appears to have come down to gender. In a letter to the president, about a third of Senate Democrats have made clear they would like...

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Bernanke sets major challenges for his successor

Now comes the hard part. Fed Chairman Ben Bernanke’s announcement that if the conditions are right he will wean the U.S. economy off quantitative easing within a year has already caused consternation...

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The case for keeping Bernanke

Whisper it abroad: The U.S. economy is on the mend. Most recent indicators suggest that, five years after the start of the Great Recession, the “L-shaped” recovery is finally heading north. The stock...

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