Volcker: U.S. Is Stuck in Slow Growth Pattern

July 17 (Bloomberg) -- Budget cuts in Washington may put added pressure on state governments already strained by employee pensions and rising health-care costs, according to a report by a group led by former Federal Reserve Chairman Paul Volcker. Volcker and Former NY Lieutenant Governor Richard Ravitch speak with Peter Cook on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Yellen Testifies on Fed Policy, Economy (Statement)
09:06 - Federal Reserve Chair Janet Yellen testifies before the House Financial Services Committee in Washington, about the outlook for the economy and Fed policy. (This is Yellen’s prepared statement for day one of her two-day semi-annual report to Congress. Source: Bloomberg)
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