Steven K. Beckner

About the Author

Steven K. Beckner

Steve Beckner is senior correspondent for Market News International. He is heard regularly on National Public Radio and is the author of "Back From The Brink: The Greenspan Years" (Wiley).

• Where does the Fed go from here?

  By Steven K. Beckner  |  June 16, 2008

  Some are convinced the Federal Reserve is finished cutting interest rates and that its next move will be to raise them, but there is little certainty about either the timing or direction of monetary

• Scary time for the Fed

  By Steven K. Beckner  |  March 13, 2008

  Desperation may be too strong a term, but certainly there’s growing alarm at the Federal Reserve these days, as a sense of gloom and fear seeps through financial markets like some poisonous gas. The

• Testing the limits of “resilience”

  By Steven K. Beckner  |  December 12, 2007

  The year ahead will provide a test of the U.S. economy’s “resilience,” about which Federal Reserve officials have so often spoken. The Fed’s own flexibility, guts and credibility may also be tested.

• Bernanke’s first “crisis”

  By Steven K. Beckner  |  October 18, 2007

  The Federal Reserve’s long-held and much-repeated supposition that problems in the sub prime mortgage market would remain contained and not spill over has, of course, proved wrong. And so what once

• The Age of Turbulence: Adventures in a New World

  By Steven K. Beckner  |  October 18, 2007

  Since his days as a student of future Fed Chairman Arthur Burns at Columbia University in 1950, Greenspan has been deeply convinced of the intertwined evils of inflation and deficit spending, and

• Fed at a crossroads

  By Steven K. Beckner  |  September 20, 2006

  Some might differ and maintain that having suspended interest rate hikes on Aug. 8, the Federal Open Market Committee (FOMC) can now just stay on hold until an opportune time presents itself to cut