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TRANSCRIPT: Obama's 2012 State of the Union
The following is a transcript of President Obama's State of the Union address.
Bernanke says the plan to hold off on raising interest rates until 2014 is Fed's "best guess"
The Federal Reserve's announcement that it is unlikely to raise its benchmark interest rate until late 2014 is simply its "best guess," Ben Bernanke said Wednesday.
Obama: 'Make the free market work better'
State of the Union, Part 4: President offers mortgage relief, pledges regulation reform
In center of nation's mortgage meltdown, Romney defends banks while talking about housing
Republican presidential candidate Mitt Romney came to ground zero of the housing crisis Tuesday to assail rival Newt Gingrich over his ties to the government-backed mortgage companies that helpe.
Busy day for Bernanke: Fed delays rate hike, sets inflation target, holds news conference
In an unusual burst of activity Wednesday, the Federal Reserve said it will probably keep interest rates low for nearly three years, provided an inflation target for the first time, updated its economic projections and began providing interest-rate forecasts.
