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… 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 said that if the U.S. defaulted on its debt obligations the impact could be similar to the economic crisis experienced at the end of 2008 into 2009. He described steps the Federal Reserve could take in response to continued slow economic growth, and said proposed spending cuts should be structured so that they do not hurt the economy in the short term. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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U.S. Economic Outlook and Monetary Policy

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Program ID:
300458-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Jul 13, 2011
Last Aired:
Jul 14, 2011

Airing Details

  • Jul 13, 2011 | 10:01am EDT | C-SPAN 3
  • Jul 13, 2011 | 1:07pm EDT | C-SPAN 1
  • Jul 13, 2011 | 9:22pm EDT | C-SPAN 1
  • Jul 14, 2011 | 5:39am EDT | C-SPAN 2
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