Federal Reserve Chairman Ben Bernanke spoke at the University of Michigan’s Gerald Ford School of Public Policy about a number of topics related to the U.S. economy, including the “fiscal cliff” agreement, economic recovery, and the Federal Reserve’s monetary policy role. He called on Congress to raise the debt ceiling immediately so the U.S. could pay its bills. He was interviewed by Dean Susan Collins and responded to questions from members of the audience and from Twitter.
This was “Policy Talks @ the Ford School” event was held in Rackham Auditorium.
The “fiscal cliff” agreement reached earlier in the month included extension of most Bush-era tax cuts and of unemployment aid while delaying automatic spending cuts for two months.