{"id":336497,"date":"2011-03-24T21:57:43","date_gmt":"2011-03-24T21:57:43","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/24\/fed-chair-to-face-press-scrutiny\/"},"modified":"2011-03-24T21:57:43","modified_gmt":"2011-03-24T21:57:43","slug":"fed-chair-to-face-press-scrutiny","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/24\/fed-chair-to-face-press-scrutiny\/","title":{"rendered":"Fed chair to face press scrutiny"},"content":{"rendered":"<p><div readability=\"62.3618831537\">\n    \t\t  <span><br \/>\n    <span>24 March 2011<\/span><br \/>\n<span>Last updated at <\/span><span>17:57 ET<\/span><br \/>\n<\/span><\/p>\n<p>Federal Reserve chairman Ben Bernanke is to give regular press conferences.<\/p>\n<p>He will take questions four times a year, to coincide with the Fed&#8217;s quarterly economic forecasts, with the first due on 27 April.<\/p>\n<p>The 98-year-old US monetary authority has never opened up in this way before, and until 1994 did not even announce its interest rate decisions.<\/p>\n<p>It comes after the Fed was criticised for its secretiveness about actions taken during the 2008 financial crisis.<\/p>\n<p>Earlier this week the central bank lost a court case, forcing it to disclose the names of banks that received emergency loans during the financial meltdown.<\/p>\n<p>  <span>Video-conference<\/span><\/p>\n<p>Mr Bernanke&#8217;s decision brings him into line with other central bankers.<\/p>\n<p>The European Central Bank president, Jean-Claude Trichet, gives a press conference after every committee meeting, while the Bank of England governor, Mervyn King, gives quarterly briefings to the press.<\/p>\n<p>The Fed chairman, whose words can move the markets, has a history of opening up the traditionally opaque institution.<\/p>\n<p>He has already given two in-depth television interviews, and has taken questions after speeches. He also arranged an unusual video-conference last autumn.<\/p>\n<p>&#8220;The introduction of regular press briefings is intended to further enhance the clarity and timeliness of the Federal Reserve&#8217;s monetary policy communications,&#8221; <a href=\"http:\/\/www.federalreserve.gov\/newsevents\/press\/monetary\/20110324a.htm\">it said in a statement on its website<\/a>.<\/p>\n<\/p><\/div>\n<\/p>\n<p>The rest is here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/business-12856513\" title=\"Fed chair to face press scrutiny\" rel=\"noopener noreferrer\">Fed chair to face press scrutiny<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 24 March 2011 Last updated at 17:57 ET Federal Reserve chairman Ben Bernanke is to give regular press conferences. He will take questions four times a year, to coincide with the Fed&#8217;s quarterly economic forecasts, with the first due on 27 April. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-336497","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fed chair to face press scrutiny - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/24\/fed-chair-to-face-press-scrutiny\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Fed chair to face press scrutiny - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"24 March 2011 Last updated at 17:57 ET Federal Reserve chairman Ben Bernanke is to give regular press conferences. He will take questions four times a year, to coincide with the Fed&#039;s quarterly economic forecasts, with the first due on 27 April.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/24\/fed-chair-to-face-press-scrutiny\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/24\/fed-chair-to-face-press-scrutiny\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Fed chair to face press scrutiny\",\"datePublished\":\"2011-03-24T21:57:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/24\/fed-chair-to-face-press-scrutiny\/\"},\"wordCount\":235,\"commentCount\":0,\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/24\/fed-chair-to-face-press-scrutiny\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/24\/fed-chair-to-face-press-scrutiny\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/03\/24\/fed-chair-to-face-press-scrutiny\/\",\"name\":\"Fed chair to face press scrutiny - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-03-24T21:57:43+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/24\/fed-chair-to-face-press-scrutiny\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fed chair to face press scrutiny - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/03\/24\/fed-chair-to-face-press-scrutiny\/","twitter_card":"summary_large_image","twitter_title":"Fed chair to face press scrutiny - Ghanamma.com","twitter_description":"24 March 2011 Last updated at 17:57 ET Federal Reserve chairman Ben Bernanke is to give regular press conferences. 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