Notes and Opinions from one of Arizona's Most Trusted Loan Teams

Pointing to gains in the residential property market as well as a boost in consumer spending, Federal Reserve head Ben Bernanke is cautiously optimistic about the start of an economic recovery. With the "sharp decline" in the U.S. economy possibly abating, he says a full-fledged recovery is possible as long as the financial markets stabilize. He believes the central bank's campaign to open up lending is a key factor.
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From "Bernanke Signals End to Declining Economy"
Business Report (04/15/09) P. A1

Posted by on April 20th, 2009 10:26 AMPost a Comment (0)

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