Tuesday, June 5, 2007

Fed chief expects economy to rebound

Fed chief expects economy to rebound (AP)

Federal Reserve chairman Ben Bernanke, seen here in March 2007, said Tuesday that the world's biggest economy is likely to pick up to a "moderate" pace in future months following a pronounced slowdown at the start of the year.(AFP/Getty Images/File/Chip Somodevilla)AP - Federal Reserve Chairman Ben Bernanke predicted Tuesday the economy will rebound from an anemic performance at the start of the year even if the housing slump continues.


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