Economy Video: Fed chief says U.S. economy has lost strength Add to ... AP Video Published Tuesday, Jul. 17 2012, 11:12 AM EDT Last updated Tuesday, Jul. 17 2012, 12:01 PM 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: Shopify highlights Ottawa's tech revival Jeff Rubin on why Canada’s food industry may soon be more valuable than oil April inflation slowest since 2013 thanks to cheaper energy Market Call Tonight: Top picks from ScotiaMcLeod’s Stan Wong What's behind the dramatic rise and fall of BlackBerry? TVs, phones fuel Best Buy results Takata struggles to replace defective air bag inflators Vancouver facing labour shortage because of housing prices Why retailers are skipping millennials for centennials Etsy's identity crisis weighs on share price Bull vs. Bear: Should Canada set up infrastructure banks? China is building the world's second-tallest building. Is that a bad economic sign? Big banks plead guilty to felony anti-trust violations Target's U.S. turnaround gains traction Canada's debt concerns are overblown: Fraser Institute Market Call Tonight: Top picks from Davis Rea’s Zachary Curry Bull vs. Bear: Should Canada set up infrastructure banks? Mapping out the future for mortgage rates Debating Goldman's forecast that oil will be at $45 by October Talking Management Video: Why alliances are ruling the business world 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?