The Federal Reserve, the institution tasked with guarding the economy against inflation and financial instability, has long made headlines for its words as well as its actions. An utterance from the chairman can help reassure financial markets or raise concerns about the economy. Now the central bank is moving to explain itself more openly in its first-ever formalized press conferences, so the opportunity for Fed officials to make market-moving pronouncements may increase. Here's a look at some moments when a Fed chairman has made waves with his words.
Social Security won't be a problem for another 26 years, and even then, the problem can be solved.
Krugman and Wells argue that Fannie, Freddie and the Fed are innocent; the big bad global glut fed the boom that led to the crash.
Ben Bernanke believes that making people feel richer is the key to generating actual wealth. Is he right? We're about to find out.
Matt Damon narrates 'Inside Job,' a meticulous exploration of what led to the crash of 2008.