U.S. Economic Outlook and Monetary Policy
Ben Bernanke testified on the U.S. economic outlook for the year and the future of economic growth. He said that he can only recommend and n… read more
Ben Bernanke testified on the U.S. economic outlook for the year and the future of economic growth. He said that he can only recommend and not “threaten” Congress to take action to improve the economy. He also said the Federal Reserve’s past actions to lower interest rates have carried “an awful lot of the burden” to help the economy and was happy to “share that burden” with Congress. Senator Tim Johnson (D-SD) chaired the committee close
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