Showing posts with label Federal Reserve. Show all posts
Showing posts with label Federal Reserve. Show all posts

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.