Runs 3 minutes. Highlight clip of Bernanke's press conference Thursday.
Dec. 12 (Bloomberg) –- Federal Reserve Chairman Ben S. Bernanke offers his views on the outlook for Fed monetary policy and the so-called year-end fiscal cliff of automatic budget cuts and tax increases. Bernanke speaks at a news conference in Washington.
Dec. 12 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke speaks about the central bank's monetary policy, the U.S. economy and fiscal policy. He speaks at a news conference in Washington after a meeting of the Federal Open Market Committee. The Fed for the first time linked the outlook for its main interest rate to unemployment and inflation, and said it will expand its asset purchase program by buying $45 billion a month of Treasury securities starting in January to spur the economy.