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Unformatted text preview: LearnEnglish Professionals US FEDERAL RESERVE AUDIOSCRIPT www.britishcouncil.org/professionals.htm The British Council, 2006 The United Kingdoms international organisation for educational opportunities and cultural relations. We are registered in England as a charity. The US Federal Reserve how it works Listen to this radio programme where the presenter is interviewing an economist about the US Federal Reserve. Optional listening exercise: Decide whether these statements are true or false. (The answers are at the bottom of the page.) 1. Alan Greenspan was the previous Governor of the Federal Reserve. 2. Greenspan talked a lot in the media. 3. Ben Bernanke's economic ideas are very different from those held by Greenspan. 4. The number of new houses being built has grown over the last few months. 5. People do not expect Mr Bernanke to raise the interest rate. Radio presenter: The big news were waiting for today is coming from Washington. Economists in the U.S. are waiting to hear from Ben Bernanke, the new Governor of the Federal Reserve, for his assessment of the...
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