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: Budget 'business as usual' says TD's chief economist Sears warns it may close shop Fiat Chrysler shares fall on emissions probe Trump tax cut doubts hit stocks, U.S. dollar U.K. inflation leaps ahead of BoE target Google apologizes over YouTube ad placements Brazil meat scandal frustrates turnaround effort Most valuable cut diamond ever at auction G20's protectionism shift hits stocks Vodafone, Idea agree to $23-billion India merger Uber faces deepening turmoil as its president quits Video: Carrick Talks Money: How do I make sure my bank isn't ripping me off? Will G20 find common ground on trade? Tiffany sales sparkle in Asia Europe's markets tighten in wake of Fed decision Reality Check: Is an Ontario foreign-buyers tax the solution to Toronto’s hot housing market? Money Monitor: Understanding mortgage insurance Fed's rate hike sends shares to record highs Nike called out for false marketing on Chinese TV Fed Chair Yellen announces interest rate hike Comments Share via email Share on facebook Share on twitter Share on LinkedIn Print 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?