Recession could last to 2010 - Bernanke
25-02-2009
US Federal Reserve chief Ben Bernanke has warned Congress that without the right policies from the government, the US recession could last into 2010. But he said if the Obama administration and the central bank can restore some measure of financial stability, 2010 could be a year of recovery. Mr Bernanke made the comments to the Senate Banking Committee. He also warned that the global nature of the downturn was a threat because exports would be hit.
