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Bernanke Offers Bleak View but No Clues on Action
Wall Street Journal Federal Reserve Chairman Ben Bernanke delivered a bleak new assessment of the US economy to lawmakers on Tuesday but remained guarded about what, if anything, the Fed would do about it. Policymakers at the central bank lowered their growth projections … Bernanke: Recession Likely If Congress Doesn't Act Congressional Probe of Fed and Libor Set to Widen to U.S. Banks Bernanke offers gloomy view but few new hints on easing |