Monetary Policy and the Economy

Ben Bernanke testified on the U.S. economic outlook for the year and the future of economic growth. Topics included inflation and… read more

Ben Bernanke testified on the U.S. economic outlook for the year and the future of economic growth. Topics included inflation and unemployment, reform of Social Security and Medicare, and budget deficit reduction. He also said interest rates would remain at current levels until 2014. He also said that “under current law, on January 1, 2013, there’s going to be a massive fiscal cliff of large spending cuts and tax increases,” thus coining the term fiscal cliff to describe a legislative compromise designed to prompt legislators to act on budget, tax, and spending priorities in the new year. close

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

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Monetary Policy and the Economy

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Program ID:
304613-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Feb 29, 2012
Last Aired:
Mar 15, 2012

Airing Details

  • Feb 29, 2012 | 10:03am EST | C-SPAN 3
  • Feb 29, 2012 | 9:10pm EST | C-SPAN 1
  • Mar 01, 2012 | 3:24am EST | C-SPAN 1
  • Mar 04, 2012 | 11:48am EST | C-SPAN 1
  • Mar 08, 2012 | 3:35am EST | C-SPAN 3
  • Mar 14, 2012 | 9:34pm EDT | C-SPAN 3
  • Mar 15, 2012 | 3:44am EDT | C-SPAN 3
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