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There’s a lot of talk about ‘dead cat” bounces in the financial markets these days. Nobody really knows if the stock market has hit bottom, but last week’s rebound continues into Monday, after Federal Reserve Chairman Ben Bernanke went on “60 Minutes” and said that the recession could abate if … |
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Rumors were rampant all over Wall Street that Barack Obama trotted Federal Reserve Chairman Ben Bernanke out yesterday to calm the markets by declaring the recession could be over by the last half of 2009. It was a surprise to hear Bernanke, who’s been relatively quiet about the economy to … |
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Federal Reserve Chairman Ben Bernanke is between a rock and a hard place. Bernanke, who spends another day in front of a congressional panel defending his handling of the Fed during a tough economic period, is stuck with a Hobson’s choice. Lower interest rates to help the economy but risk … |
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