Wednesday, April 15, 2009

Bernanke says recession may be easing


Bernanke says recession may be easing
15-04-2009

Federal Reserve Chairman Ben Bernanke has said there have been "tentative signs" that the recession may be easing. But he also warned that any hope for a lasting recovery hinges on the government's success in stabilizing shaky financial markets and getting credit to flow more freely again. Specifically, the Fed chief mentioned improvements in recent data on home and auto sales, home building and consumer spending as flickering signs of encouragement.

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