Bernanke Leaves Door Open for Further Rate Cuts

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"The economic situation has become distinctly less favorable" and "the risks to this outlook remain on the downside." That the grim commentary today from Federal Reserve Chair Ben Bernanke, testifying before Congress.  Edmund Andrews writes about economics for the New York Times.

Credits

Guest:
Edmund Andrews - Chief Washington Economics Correspondent, New York Times

Host:
Warren Olney

Producers:
Katie Cooper, Dan Konecky, Frances Anderton