| 00:00:02 |
Echevarria, Pedro - Host
10:00 A.M., AN EVENT FEATURING THE FED CHAIRMAN, BEN BERNANKE, WITH A DISCUSSION ABOUT THE STETTER RESERVE'S ROLEN THE ECONOMY. FROM THAT DISCUSSION,...
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| 00:00:35 |
Schroeder, Peter - Staff Writer
ECONOMY. BEN BERNANKE WILL BE GETTING A LOT OF QUESTIONS ABOUT THIS RECENT JOBS REPORT THAT WAS PRETTY DISAPPOINTING. THE ECONOMY ADDED 69,000 JOBS IN...
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| 00:01:05 |
Echevarria, Pedro - Host
CLOSE TO THE BEST. -- VEST. THERE IS SPECULATION
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| 00:01:11 |
Schroeder, Peter - Staff Writer
THE FED MIGHT NEED TO DO MORE. OFFICIALS HAVE INDICATED THAT THEY ARE OK WITH THE POLICIES THEY HAVE IN PLACE. THEY ARE RESERVING THE RIGHT TO DO MORE...
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| 00:01:42 |
Echevarria, Pedro - Host
A LITTLE BIT SPLIT. WE HAVE HEARD FROM DEMOCRATS THAT THEY THINK THE FED SHOULD BE DOING MORE TO BOOST THE ECONOMY. THEY THINK THEY HAVE MORE OF THEIR...
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| 00:01:50 |
Schroeder, Peter - Staff Writer
FEDERAL RESERVE HAS BEEN UNDER PRETTY CONSISTENT PRESSURE FROM REPUBLICANS IN CONGRESS TO TRY TO AVOID SOME OF THESE PROJECTS. REPUBLICANS ARE CONCERNED...
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| 00:02:19 |
Echevarria, Pedro - Host
GAIN A BETTER ECONOMY, ESPECIALLY IN THIS ELECTION YEAR. GUEST: THAT IS A PARENTAL WROTE -- THAT IS A PROBLEM FOR THE FEDERAL RESERVE.
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| 00:02:31 |
Schroeder, Peter - Staff Writer
THEY'RE NOT ACCUSED OF PICKING SIDES. THE QUESTION IS, DEPENDING ON WHERE THE ECONOMY HEADS, THE FED MIGHT PREFER NOT TO STEP INTO THE MIDDLE OF THE...
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| 00:02:54 |
Echevarria, Pedro - Host
HAS INTEREST RATES NEAR 0. THAT IS TYPICALLY ITS MAIN TOOL THEY ARE USING
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| 00:02:59 |
Schroeder, Peter - Staff Writer
TO AFFECT THE ECONOMY. THOSE RATES HAVE BEEN NEAR ZERO FOR YEARS. THEY PLAN TO KEEP THEM THERE UNTIL THE END OF 2014. NOW, THEY ARE STEPPING INTO THE...
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| 00:03:55 |
Echevarria, Pedro - Host
MR. KORNACKI? --
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| 00:04:00 |
Schroeder, Peter - Staff Writer
MR. BERNANKE. GUEST: THE FED HAS STEPPED TO THE MANTRA THAT THE ECONOMY IS GROWING.
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| 00:04:14 |
Schroeder, Peter - Staff Writer
MR. BERNANKE MIGHT BE MORE OPEN TO THE IDEA THAT THE FED MIGHT HAVE ANOTHER ROLE. HE WILL BE PUSHED AND PULLED FROM VARIOUS LAWMAKERS WHO WOULD LIKE...
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| 00:04:35 |
Echevarria, Pedro - Host
MR. BERNANKE WILL ASK ABOUT? GUEST: BEN BERNANKE HAS SAID CONGRESS NEEDS TO DO SOMETHING TO GET THE FISCAL PICTURE
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| 00:04:52 |
Schroeder, Peter - Staff Writer
IN SHAPE. HE HAS STEERED CLEAR OF HOW TO DO IT. HE WILL BE QUESTIONS ON THAT BUT YOU CAN EXPECT HE IS GETTING GOOD AT STEERING CLEAR OF THAT. HOST:...
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| 00:05:07 |
Echevarria, Pedro - Host
THIS DISCUSSION. THANK YOU FOR YOUR TIME. GUEST: MY PLEASURE. HOST: AT 10:00 A.M., YOU CAN WATCH THAT HEARING. BEN BERNANKE IN FRONT OF THE JOINT ECONOMIC...
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| 00:05:17 |
Schroeder, Peter - Staff Writer
THAT IS LIVE ON C-SPAN3.
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| 00:05:19 |
Echevarria, Pedro - Host
LISTEN FOR IT ON C-SPAN RADIO AND LOOK AT IT LATER ON C- SPAN.ORG -- C-SPAN.ORG. IN 25 MINUTES, WE WILL HAVE REPRESENTATIVES LORETTA SANCHEZ, MEMBER...
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.