Christina Romer on Ben Bernanke

Monday, April 25, 2011

This week Federal Reserve Chairman Ben Bernanke will go in front of reporters for his first-ever press conference. He will take questions about policy inflation and the Fed's bond-buying program in an effort to promote transparency between the Fed and the American public. What should Bernanke say to develop Americans' trust? Christina Romer, professor of Economics at University of California, Berkeley, and former chairwoman of President Obama's Council of Economic Advisers says she'd like the truth.


Christina Romer

Produced by:

Arwa Gunja

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The Wall Street Journal on the International Monetary Fund report that nobody noticed.

"For the first time, the international organization has set a date for the moment when the “Age of America” will end and the U.S. economy will be overtaken by that of China".
"According to the latest IMF official forecasts, China’s economy will surpass that of America in real terms in 2016 — just five years from now".
"According to the IMF forecast, whomever is elected U.S. president next year....will be the last to preside over the world’s largest economy".
WSJ - April 25, 2011

The promises for change sound very different today than they did in 2008.

Apr. 25 2011 10:57 AM

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