U.S. Economic Outlook and Monetary Policy

Ben Bernanke held a news conference following the quarterly Federal Open Market Committee (FOMC) meeting on current economic… read more

Ben Bernanke held a news conference following the quarterly Federal Open Market Committee (FOMC) meeting on current economic projections. He announced additional Federal Reserve actions to stimulate the economy that include purchasing additional agency mortgage-backed securities at a pace of $40 billion per month. He said that the housing market remained sluggish, which in turn slowed overall economic recovery. He noted that tight budgets at the state and local government level were causing slow growth as well, due to their effect on employment and planning among agencies and contractors. 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:
308144-1
Category:
News Conference
Format:
News Conference
Location:
Washington, District of Columbia, United States
First Aired:
Sep 13, 2012
Last Aired:
Sep 16, 2012

Airing Details

  • Sep 13, 2012 | 2:15pm EDT | C-SPAN 3
  • Sep 13, 2012 | 2:45pm EDT | C-SPAN RADIO
  • Sep 13, 2012 | 7:00pm EDT | C-SPAN RADIO
  • Sep 13, 2012 | 9:03pm EDT | C-SPAN 1
  • Sep 14, 2012 | 1:07am EDT | C-SPAN 1
  • Sep 14, 2012 | 3:45am EDT | C-SPAN RADIO
  • Sep 16, 2012 | 10:30am EDT | C-SPAN RADIO
  • Sep 16, 2012 | 12:11pm EDT | C-SPAN 1
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