Fed's Bernanke to testify on economy on February 2

WASHINGTON Thu Jan 26, 2012 2:21pm EST

WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke will testify on the economy on Thursday, February 2, the U.S. House of Representatives' Budget Committee said.

The appearance will come just a week after the U.S. central bank's announcement that it is likely to keep interest rates near zero for nearly three more years, a decision that may prove controversial with some Republicans.

Bernanke has come under attack from a number of Republican presidential candidates for the Fed's ultra-low rates policy.

(Reporting By Tim Ahmann, Editing by Gary Crosse)

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Comments (1)
djn616 wrote:
Can’t wait to hear the Hon. Dr. Ron Paul make Helicopter Ben squirm, lie, mislead, redirect, sweat, and mumble groans to deep for understanding. Let’s face it, Al Greenspan openly admitted to doing it to Congress. Ask CBS’s Leslie Ann Stahl. Why not Helicopter Ben? Fiat currency begets fiat testimony. Go RON PAUL!

Jan 26, 2012 4:28pm EST  --  Report as abuse
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