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Bernanke says recovery on track despite headwinds
The European debt crisis is likely to have only a “modest” impact on the U.S. economic recovery as long as Wall Street stabilizes, Federal Reserve Chairman Ben Bernanke told Congress today. Testifying before the House Budget Committee, Bernanke struck a more confident tone that the recovery will remain intact despite problems in Europe as well [...]
Federal Reserve Chairman Ben Bernanke is carrying a tough-love message to Capitol Hill: The United States needs to stop living beyond its means. Bernanke, scheduled to testify before the House Budget Committee on Wednesday morning, is likely to urge Congress and the White House to come up with a plan to whittle down record-high federal [...]
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