U.S. Economic Outlook and Monetary Policy
Federal Reserve Chair Ben Bernanke presented to the committee the Federal Reserve Board’s semiannual report on monetary policy. In his remar… read more
Federal Reserve Chair Ben Bernanke presented to the committee the Federal Reserve Board’s semiannual report on monetary policy. In his remarks he compared possible failure to raise the nation’s debt ceiling to a “self-inflicted wound,” which would mostly likely result in higher interest rates, slower economic growth, and an even larger national debt. close
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