Tuesday, July 15, 2008

Bernanke: economy faces 'numerous difficulties' - Yahoo! News

Bernanke: economy faces 'numerous difficulties' - Yahoo! News: "Bernanke: economy faces 'numerous difficulties' By JEANNINE AVERSA, AP Economics Writer
7 minutes ago

WASHINGTON - Federal Reserve Chairman Ben Bernanke told Congress Tuesday the fragile economy is facing 'numerous difficulties' including persistent strains in financial markets, rising joblessness and housing problems — despite the Fed's aggressive interest rate reductions and other fortifying steps."

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