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US central bank ready to tackle recession risks: Bernanke - ABC News (Australian Broadcasting Corporation)
Avatar Posted by Stan 356 days ago (http://www.abc.net.au) View profile
Category: Credit General | Tags: us economy recession
Bernanke said, on congressional hearings, that he doesn't expect the US economy to slide into recession this year. But, he asked for extra money to be allowed to enter the market.
At the same time, president Bush assured markets that temporary measures will be taken to stabilize the markets and money flow.
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