Federal Reserve Chairman Ben Bernanke said the US recovery probably won’t quickly bring down the unemployment rate, which is likely to stay “high for a while.” Given the depth of the recession, the recovery is “moderate paced,” Bernanke said last night in a question-and-answer session with Sam Donaldson, the ABC News journalist, in Washington.
Bernanke says unemployment unlikely to fall quickly
Most Popular Articles
Latest Articles
The best real estate podcasts for agents and brokers in 2024
The best real estate podcasts to motivate, inspire, entertain and enlighten you this year.
-
Home sellers saw their profits shrink in the first quarter: Attom
-
If reelected, Trump could seek greater control over Federal Reserve
-
Acra CEO Keith Lind on staying the course amid choppy waters in non-QM
-
HUD walks back some proposed changes to HECM for Purchase program
-
Retirement confidence hasn’t fully recovered, but survey shows hope for future prospects