News & Sports

News & Sports Home /

Bernanke: We Don't Have 'Tools' to Offset 'Cliff' Dive

Source: CNBC.com
Tags: cnbc

In this excerpt from an address to the Economic Club of New York, Federal Reserve Chairman Ben Bernanke says the central bank won't be able to single-handedly compensate for the economic harm that would be caused by the full force of falling off the "fiscal cliff."

Entertainment. News

Most. Recent Posts

SNL Celebrates The New Year Starting January 19 With Host Jennifer Lawrence And Musical Guest The Lumineers
NBC's 'The Voice' Crowns Cassadee Pope As Winner Of Third Cycle Of Hit Vocal Competition Series Tonight (December 18)
Second Season Of NBC's 'Fashion Star' Will Premiere March 8, 2013 And Will Feature 13 Talented Designers Who Join Celebrity Mentors Nicole Richie, Jessica Simpson And John Varvatos As Well As New Host Louise Roe
NBC Bolsters Season Finale Of 'The Voice' With Performances By Marquee Stars Rihanna, Kelly Clarkson, Bruno Mars And The Killers
"Betty White's Off Their Rockers" Returns For Season Two On January 8 With Special Guests Psy And Kim Kardashian, Two Must-See Back-to-Back Episodes, And More Great Guest Stars Throughout The Season Joining America's Favorite Comedy Sweetheart
NBC Celebrates The Holiday Season With 'A White House Christmas: First Families Remember,' On Thursday, December 20
Howard Stern To Return For Second Season As Judge On NBC's Summer Hit "America's Got Talent"
Fifteen Determined Adults And Three Inspiring Kids Commit To Getting Healthy And Changing Their Lives Forever When 'The Biggest Loser' Returns With A Must-see, Two-Night Premiere Event On January 6 (9-11 P.m. ET) and January 7 (8-10 P.m. ET)
NBC Will Debut New Drama 'Do No Harm' On January 31 On Same Night As Series Finale Of '30 Rock'
Grammy-winning Superstar Carrie Underwood To Star As Maria Von Trapp In NBC's Live Broadcast Of 'The Sound Of Music,' Based On The Original Musical