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Ben Bernanke reviews US economy

03-01-2012 09:25 BJT

The U.S. economy expanded at a quicker pace in the previous quarter than earlier estimate, and was expected to gain momentum this year, but the U.S. central bank chief cautioned that the recovery still faced a set of challenges. Full Story>>

Federal Reserve Bank Board Chairman Ben Bernanke testifies before the House
Financial Services Committee on Capitol Hill in Washington, DC. The US economy
grew faster than initially believed in the fourth quarter, data showed Wednesday,
but the Federal Reserve warned of a slower pace for 2012 as consumers keep their
wallets zipped.

FILE - In this Jan. 7, 2012 file photo, Federal Reserve Board Chairman Ben
Bernanke testifies on Capitol Hill in Washington, before the Senate Budget
Committee. Ben Bernanke is likely to face pressure this week over the Federal
Reserve's plan to hold interest rates near zero until late 2014.


Editor:James |Source: CNTV

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