26 Mart 2011 Cumartesi
Bernanke to meet the press
NEW YORK (CNNMoney) -- Tight-lipped Ben Bernanke is coming further out of his shell.
The Federal Reserve Chairman will start holding press briefings four times a year, the central bank announced Thursday afternoon.
"The introduction of regular press briefings is intended to further enhance the clarity and timeliness of the Federal Reserve's monetary policy communication," the Fed said in an official statement.
Under Bernanke's leadership, the Fed has taken baby steps in opening up to the media since the financial crisis. Bernanke appeared on 60 Minutes twice in the last two years, and wrote an op-ed in the Washington Post in November.
That media exposure was tightly controlled though. And unlike his counterpart, European Central Bank President Jean-Claude Trichet who holds press conferences after nearly every policy-making meeting, Bernanke has rarely taken journalists' questions publicly.
Speaking to reporters at the National Press Club in February, Bernanke stressed that the Fed is trying to become more transparent.
"We are looking very seriously at the idea that I would give regular press conferences, in a hope that that would further increase Fed transparency," he said at the time.
The Fed said its four press conferences will take place following meetings when the central bank updates its economic outlook. The first such update took place this January. For the remainder of 2011, the press conferences will follow Fed policy-making meetings scheduled for April, June and November, and will be broadcast live on the Fed's website.
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2011
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Mart
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- Libya: A survivor under siege
- Bleak history lessons for Libya’s future
- Plotting the way forward in Libya
- Obama to defend actions in Mideast
- Talking Libya in London
- Libyan rebels sweep westwards
- Postal Service: 7,500 workers, $20,000 buyouts
- Bernanke to meet the press
- Budget pain taking a toll
- What's next for nuclear power?
- Tech earnings lift stocks
- About 4.8 million box fans recalled for fire risk
- Treasuries: Yields mired in a tight range
- First-time unemployment claims fall
- Big banks hunger for corporate debt
- Oil - near $106 and rising
- Household wealth down 23% in 2 years - Fed
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