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: Bombardier job cuts, by the numbers Volkswagen launches new China-only model Catwalks and Katy Perry: Alibaba's Singles' Day BAT-Reynolds deal: 'Big Tobacco' getting smaller? Market Call Tonight: Top Picks from HollisWealth's Jason Del Vicario Will U.K.'s Philip Green lose his knighthood over BHS collapse? Berlin's bold bid to lure London start-ups Autopilot coming to all Tesla models Market Call Tonight: Top Picks from Stephenson & Co.'s John Stephenson ECB's Draghi stays quiet about future policy The ECB hasn't made any impact with recent moves: Milner California launches Wells Fargo criminal probe Nestle cuts sales outlook as growth disappoints Stocks nudge higher after U.S. presidential debate U.S. visitors overtake U.K. as Kenya tourism looks up Higher cyber security standards for banks Returning workers could slow U.S. rate hike Jim Pattison: A business icon's view on real estate and the economy Market Call Tonight: Top Picks from Canoe Financial's Steve DiGregorio BHP sees signs of commodity recovery 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?