August 27, 2010 12:40 AM

With economy slowing, Bernanke still not ready to act

The U.S. economy grew at a slower pace during the second quarter of this year than first estimated, the government reported Friday, another indication that the recovery is losing steam. But Federal Reserve Chairman Ben Bernanke said he won't take new actions until the signs of deterioration are clearer.

Related content

Suggested for you



Editor's Choice Videos