The third and final installment of a special forum with Federal Reserve chief Ben Bernanke, moderated by Jim Lehrer in Kansas City, Mo.
In part two of Jim LehrerÆs conversation with Ben Bernanke, the Federal Reserve chief discusses the state of the Obama administrationÆs economic recovery efforts, and the central bank’s efforts to help homeowners facing foreclosure. Continue reading
Economics correspondent Paul Solman explores Kansas City, Mo., home to one of 12 regional Federal Reserve banks and a crossroads for the U.S. economy.
At a forum in Kansas City, Mo., Federal Reserve Chairman Ben Bernanke discussed the central bank’s actions in handling the economic crisis, saying he did not want to be the Fed chief who “presided over the second Great Depression.” Here is the full transcript of the forum, which was moderated by Jim Lehrer. Continue reading
In other news, President Barack Obama predicted job losses would likely continue to rise for the next few months, and six civilians working for NATO died in Afghanistan when their helicopter crashed. Continue reading