Fed Pledges Help But Waits to Act on Economic Vulnerability

Season 2012

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.

AIR DATE 8/1/12

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