Regulations won’t advance U.S. recovery

Freedom New Mexico Federal Reserve Board chairman Ben Bernanke, in a speech to the American Economic Association on Sunday, has acted as you might expect a custodian of the institution he heads to act — defensively. He downplayed the role the Fed’s loose monetary policy from late 2001 through much of 2005 played in creating […]

New chairman’s first job taming threat of inflation

Freedom Newspapers With the threat of inflation returning, keeping it tame would be the first job of Ben Bernanke, whom President Bush on Monday appointed to be chairman of the Federal Reserve Board. On Oct. 14, the U.S. Labor Department reported that consumer prices rose 1.2 percent in September, the highest level since March 1980, […]