Fed Pledges Help But Waits to Act on Economic Vulnerability

Aired: 8/1/2012 | 0:05:51 | Clip
Chairman Ben Bernanke pledged again that should the economy slow further, the Federal Reserve would act, but announced no immediate action. That news, as well as a trading glitch, brought down markets on Wednesday. Jeffrey Brown talks to The Wall Street Journal's Jon Hilsenrath about the motivation behind the Fed's announcement.

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