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Bernanke proposes no new steps to boost economy

Federal Reserve Chairman Ben Bernanke signaled Friday that Congress must do more to promote growth, or risk delaying the U.S. economy’s return to full health. Bernanke proposed no new steps by the Fed to boost the economy. But at a time when Congress has been focused on shrinking long-run budget deficits, he warned lawmakers not… Continue Reading Bernanke proposes no new steps to boost economy

Getting loans flowing more normally to creditworthy small businesses will help the economic recovery, Federal Reserve Chairman Ben Bernanke said today. Small businesses – more so than big companies – rely on bank loans to expand operations and hire. Small businesses usually help drive job creation during recoveries but credit clogs have hurt hiring. Lending… Continue Reading Bernanke pushes loans for sound small businesses

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