Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

The stock market
The stock market
In August of last year, Bernanke signaled the Fed's intent to stimulate the economy by buying $600 billion in Treasury bonds. Investors cheered the controversial plan, called quantitative easing. All three major indexes rallied 1.7% that day.

Since then, the S&P 500 has since risen 25%, and the Russell 2000, which measures small cap stocks, has been up even more -- around 40%.

"I do think that our policies have contributed to a stronger stock market," Bernanke said in January.

But while a stock rally is a good sign for the economy, the benefits haven't exactly trickled down to Main Street. Jobs and housing are still in the doldrums.


Last updated May 11 2011: 4:02 PM ET

The Federal Reserve Chairman will start holding press briefings four times a year, the central bank said. More

Bernanke and Greenspan aren't the only ones to have put their foot in their mouth over the years. Here's a look at Federal Reserve 'oops' moments. More