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Economy: Federal Reserve #1024501

CBS Evening News for Wednesday, Jun 20, 2012
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(Studio: Scott Pelley) Federal Reserve projections for the economy noted; projected growth and unemployment statistics cited.

(Studio: Anthony Mason) The Fed's move to lower interest rates to keep the economy from stalling examined; details given about the hiring outlook, the European financial crisis and oil/gas prices. [Federal Reserve Board chairman Ben BERNANKE - comments on predictions and on the European situation slowing US growth.] The prospects for Congressional deals on taxes and the budget discussed.

Reporter(s):
Pelley, Scott;
Mason, Anthony
Duration:
00:03:00

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