State of the Economy and Monetary Policy
Federal Reserve Chair Ben Bernanke testified in a hearing on the Humphrey-Hawkins Semiannual Monetary Policy Report, current economic condit… read more
Federal Reserve Chair Ben Bernanke testified in a hearing on the Humphrey-Hawkins Semiannual Monetary Policy Report, current economic conditions, and the outlook for the financial sector and the broader economy. Several members voiced concerns about the commercial real estate market, and expressed concern that troubles in that market could threaten any recovery. Additionally, lawmakers pressed Mr. Bernanke for more solutions to tight credit markets and continued foreclosures. close
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