Ben Bernanke
latest news & developments
Banking shock exposes cheap cash addiction
The turmoil, which some say was inevitable given aggressive hiking cycles, exposes the dependency of advanced economies on cheap credit
Dollar strengthens as emerging market selloff deepens
Further tapering of monetary stimulus, announced by the US Federal Reserve, has seen the dollar climb while other currencies feel the pressure.
Ben Bernanke could still cause an economic crash
Part of the US Federal Reserve chair’s legacy is a country in recovery, but it’s not yet back to banking business as usual as Bernanke steps down.
Fed reduces bond buying amid growing economy
The dollar has gained after US Federal Reserve chairperson Ben Bernanke announced plans to taper monthly bond purchases.
Reserve Bank: Fed tapering will bring short-term challenges
Reserve Bank governor Gill Marcus believes that while adjustments to tapering will be trying, it is ultimately good news.
Bernanke gives SA a reprieve
The US Federal Reserve holds off on tapering giving emerging markets some breathing room.
Rand climbs after Lawrence Summers’s bid withdrawal
The rand has reached its highest level since August 9 following Lawrence Summers removing his bid for Federal Reserve chairperson.
Rand declines before US federal policy meeting
The rand has depreciated for the third day as investors await guidance from the US Federal Reserve on monetary stimulus.
Gold climbs to best week since 2011
Gold has risen to the highest weekly gain since October 2011 after US Federal Reserve chairperson Ben Bernanke called for maintaining stimulus.
Rand depreciates after manufacturing, mining data falls
The rand weakened, reversing earlier gains, after a report showed manufacturing growth slowed more than estimated in May and mining output fell.
Gold rises as US Fed backs sustained stimulus
Gold climbed higher than it has done in the last two weeks after Federal Reserve chair Ben Bernanke indicated stimulus would be introduced slowly.
SA’s economy is running on empty
The end of easy money is in sight – and the country’s fundamentals are still in bad shape.
Gold retreats to one-month low on Fed comments
Commodities react immediately to the US announcement that it plans to taper off quantitative easing.
Rand’s hopes rest on US Federal Reserve’s revelations
SA’s revenue outlook could dim even more if markets react adversely to an awaited announcement by the US Federal Reserve, warns the finance minister.
Economic week ahead: Deposit seizures?
All eyes will be on central banks in the US, India and South Africa as they announce their latest rates decisions.