Wednesday, April 2, 2008

Time to Economize

So today Federal Reserve Chairman Ben Bernanke says what many have been thinking and saying for a while - and he dropped the R-bomb. The lede to AP's story: Federal Reserve Chairman Ben Bernanke said Wednesday a recession is possible and policymakers are "fighting against the wind" in trying to steady a shaky economy. He would not say if further interest rate cuts are planned.