It’s too soon for austerity, says Bernanke

Chairman of the Federal Reserve Ben Bernanke testifying before the House Financial Services Committee on Capitol Hill in Washington today. Photograph: Alex Brandon/AP The head of America’s central bank, Ben Bernanke, warned against immediate European-style budget austerity measures yesterday when he insisted that withdrawing fiscal stimulus was too risky for the recession-threatened US economy. In [...]

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It’s too soon for austerity, Ben Bernanke tells Congress

Chairman of the Federal Reserve Ben Bernanke testifying before the House Financial Services Committee on Capitol Hill in Washington today. Photograph: Alex Brandon/AP The head of America’s central bank, Ben Bernanke, warned against immediate European-style budget austerity today when he insisted that withdrawing fiscal stimulus was too risky for the recession-threatened US economy. In a [...]

read more

It’s too soon for austerity, Ben Bernanke tells Congress

Chairman of the Federal Reserve Ben Bernanke testifying before the House Financial Services Committee on Capitol Hill in Washington today. Photograph: Alex Brandon/AP The head of America’s central bank, Ben Bernanke, warned against immediate European-style budget austerity today when he insisted that withdrawing fiscal stimulus was too risky for the recession-threatened US economy. In a [...]

read more

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