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Reuters: Bernanke: Recession possible, growth to rebound

Started by chris, April 03, 2008, 01:01:03 AM

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chris

Bernanke: Recession possible, growth to rebound
      


WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke on Wednesday conceded for the first time the U.S. economy may slip into recession, but said growth should pick up later this year as the impact of interest rate cuts and other emergency steps take root.
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