Summary Box: Bernanke sees recovery sticking, although growth will be modest

By AP
Wednesday, June 9, 2010

Summary Box: Bernanke sees recovery sticking

RECOVERY INTACT: Federal Reserve Chairman Ben Bernanke believes the unfolding recovery won’t be derailed by Europe’s debt problems and high unemployment in the United States.

PLUGGING ALONG, NOT SPRINTING: Bernanke sees the economy growing at a modest pace, meaning unemployment, now at 9.7 percent, will fall slowly.

BATON PASSED: Bernanke says the economy has made an important transition — from being powered by massive government stimulus to being supported by more spending from consumers and businesses.

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :