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Bernanke Offers Mixed Economic Outlook For US Despite a strong pickup in manufacturing and a much-improved housing market, the outlook for the US economy remains mixed. The Federal Reserve said U.S. growth is unlikely to exceed 2.8 percent in 2013. O

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In testimony to Congress, the U.S. treasury chief and central bank chairman have strongly defended their management of the $700 billion financial and credit market rescue program. VOA's Dan Robinson reports from Capitol Hill, where the officials fac

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Despite very high expectations, the head of the U.S. central bank on Friday did not announce any major steps to bolster the U.S. economy. Speculation had been running high that Federal Reserve Chairman Ben Bernanke would use his scheduled speech at a

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Federal Reserve Bank Chairman Ben Bernanke says the U.S. recession should begin to end later this year, and the economy is in a slow recovery, although extraordinary challenges remain and there are serious risks from deficit spending. Federal Reserv

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Pre-Listening Vocabulary turbulence: the movement of air bird of prey: a bird that hunts and eats animals flap: to make an up and down movement sneak up on: to approach someone or something in a secretive way velvety: soft like velvet drawback: a neg