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U.S. Central Bank (Fed) Chairman Ben Bernanke said:

December 9th, 2009

U.S. Central Bank (Fed) Chairman Ben Bernanke, is too early to declare a permanent to recover, he said.

Bernanke, Economic Club of Washington in his speech, the U.S. economy out of recession even if the fight would be over, the economy, a weak labor market, cautious consumers and tight credit conditions, such as the difficult situations faced with is that this problem will keep moderate growth was expressed.
Some special reports, the effect of weakening the government’s incentive measures he will fail to recover next year reflects concerns. Ben Bernanke also experienced double bottom of a recession and will not place on the question, “I can not guarantee that it will not be. We expect modest economic growth next year, however. This will help you to take down the unemployment rate to decline, but this will be slower than “he said. Bernanke is also of interest rates at record low levels for a long while also adding that this has to be kept. Fed released a recent report, 9.3 percent unemployment next year will be watched by 9.7 is specified, the bank will take 5-6 years of labor market return to normal were found in the warning.

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Tags: ben bernanke, difficult situations, economic club, experience, Market, question, recession, Unemployment, unemployment rate
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