Big Ben



An investing slang term referencing Ben Bernanke. The name Big Ben was given to Bernanke around 2005, when he was appointed to the position of Federal Reserve chairman by President George Bush.
The name Big Ben is often used in headlines due to its relative compactness. Analysts also use the slang term, which has no relation to the landmark in London.


Bernanke took over the chairman position from Alan Greenspan on February 1, 2006. Before taking over the position, Ben was the Fed governor and chairman of the Council of Economic Advisers.

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  1. What happens if interest rates increase too quickly?

    When interest rates increase too quickly, it can cause a chain reaction that affects the domestic economy as well as the ... Read Full Answer >>
  2. When was the last time the Federal Reserve hiked interest rates?

    The last time the U.S. Federal Reserve increased the federal funds rate was in June 2006, when the rate was increased from ... Read Full Answer >>
  3. Do lower interest rates increase investment spending?

    Lower Interest rates encourage additional investment spending, which gives the economy a boost in times of slow economic ... Read Full Answer >>
  4. How is the Federal Reserve audited?

    Contrary to conventional wisdom, the Federal Reserve is extensively audited. Politicians on the left and right of a populist ... Read Full Answer >>
  5. Who decides when to print money in the US?

    The U.S. Treasury decides to print money in the United States as it owns and operates printing presses. However, the Federal ... Read Full Answer >>
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