Bernanke: Why Is This Speech Different From All Others?

On the heels of comments from President Barack Obama and top adviser Larry Summers that there are "glimmers of hope" in the economy and the sense of economic "free-fall" is ending, Federal Reserve chairman Ben Bernanke says today that he sees "tentative signs" that the nation's financial decline is "slowing." "Recently we have seen tentative signs that the sharp decline in economic activity may be slowing, for example, in data on home sales, homebuilding, and consumer spending, including sales...Full Story
Commenting on this article is closed.