Economy Video: Fed chief says U.S. economy has lost strength Add to ... AP Video Published Tuesday, Jul. 17, 2012 11:12AM EDT Last updated Tuesday, Jul. 17, 2012 12:01PM EDT Chairman Ben Bernanke offered a sour assessment of the U.S. economy Tuesday and said the Federal Reserve is ready to take further action if growth doesn't pick up. Watch More Video: Canadian dollar strength: Can it continue? Australia joins global rates easing party Euro zone growth to slow this year What's up with WhatsApp in Brazil? Profit pain for more European banks Encana continues cost cutting as it waits for oil prices to turn around Custom Jeeps for Dubai's desert racers Solar plane lands in Arizona First U.S. cruise ship in 50 years arrives in Havana Som Seif on whether now is the right time to invest in oil The latest bitcoin controversy BCE CEO Cope on the deal with Manitoba Telecom Key details of BCE’s purchase of MTS Baker Hughes to buy back shares $3.5-billion breakup: Halliburton and Baker Hughes scrap merger Canadian dollar overvalued: strategist Gold rallies to a 15-month high — here's how to play the rally BCE expands footprint in Western Canada Cruise ship embarks on historic trip from Miami to Havana Puerto Rico debt deadline looms Comments AA More Related to this Story Euro Zone Video: European stocks edge higher ahead of Bernanke remarks Olympics Video: G4S CEO admits Olympic security failure Stocks Video: Is this a good entry point for Goldman stock?