Monetary Policy and the Economy
The first 15 minutes of the hearing were devoted to executive committee business.
Ben Bernanke testified on the U.S. economic outlook for the year and the future of economic growth. In his remarks he defended the U.S. cent… read more
Ben Bernanke testified on the U.S. economic outlook for the year and the future of economic growth. In his remarks he defended the U.S. central bank’s bond-buying stimulus, urged lawmakers to avoid sharp spending cuts set to go into effect by the end of the week, and spoke about successful efforts to curb inflation to stimulate the economy.
The first 15 minutes of the hearing were devoted to executive committee business. close
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