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: When should young Canadians start saving for retirement? What we own, and what we owe: How Canadian households measure up Market Call Tonight: Top picks from CastleMoore’s Hap Sneddon Tesla wants to power homes with its batteries Say on pay – Why shareholders are so angry How should you spend your tax refund? Lexus' shock therapy sees 'ugly' sell Hulu's 'Seinfeld' deal: It’s about much more than nothing Can rising profit help VW move on? Privacy by design: The competitive edge big business misses When is it too late to buy a first home? Video: Emergency departments a study in teamwork Slowing U.K. recovery is election issue No Greek tears over 'rock star' minister The food revolt: Why GMO now means Get this Muck Out What's wrong with Deutsche Bank's plan? Sobeys boosts East Coast footprint with Co-op deal HSBC mulls move back home Tips for Gen Y on saving for a house down payment Som Seif on the outlook for oil and a strategy for investors 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?