Fed Pledges Help But Waits to Act on Economic Vulnerability
Clip: 8/1/2012 | 5m 51s
Federal Reserve Pledges Help But Waits to Act on U.S. Economic Vulnerability
Chairman Ben Bernanke pledged again that should the economy slow further, the Federal Reserve would act, but announced no immediate action. That news, as well as a trading glitch, brought down markets on Wednesday. Jeffrey Brown talks to The Wall Street Journal's Jon Hilsenrath about the motivation behind the Fed's announcement.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
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Fed Pledges Help But Waits to Act on Economic Vulnerability
Clip: 8/1/2012 | 5m 51s
Chairman Ben Bernanke pledged again that should the economy slow further, the Federal Reserve would act, but announced no immediate action. That news, as well as a trading glitch, brought down markets on Wednesday. Jeffrey Brown talks to The Wall Street Journal's Jon Hilsenrath about the motivation behind the Fed's announcement.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...