Ben Bernanke says:
Recovery can survive coming fiscal drag: Bernanke: The U.S. economy is strong enough to withstand the fiscal tightening that is ahead, Federal Reserve Board Chairman Ben Bernanke said Wednesday. "Although the support to economic growth from fiscal policy is likely to diminish in the coming year, the incoming data suggest that gains in private final demand will sustain the recovery in economic activity," Bernanke said in remarks prepared for the House Budget...
Published on June 09, 2010 07:45