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: Feast your eyes on FreshBooks' exquisite office Peter Munk's legacy at embattled Barrick Gold The strengths of Western Canada's apartment market The new data that could trigger Fed taper Translating Netflix into French Turning up the heat on British politics On the job with a churro vendor U.S. private hiring jumps by 215,000 Home prices still climbing – but for how long? Savvy shoppers hit Tesco sales Yanukovych visits China as rage boils in Ukraine Biden and the great Asia-Pacific balancing act Samsonite on the hunt for more brands: CEO Why everyone wants a China Mobile-Apple deal Number of U.S. banks at Depression low Your duties as power of attorney China’s biggest barrier to development? Trust The upside of the loonie’s downturn Scandals cost Spain in corruption ranking Ho hum holidays so far for retailers 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?