London School of Economics

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Stimulus Alone Isn’t Enough: Bernanke

Jan 13, 2009By

There will be no lasting recovery without more government action and money to prop up the still ailing financial system, Federal Reserve chief Ben Bernanke said Tuesday. “The global economy will recover, but the timing and strength of the recovery are highly uncertain,” Bernanke said in his speech to the London School of Economics. “Government policy responses around the world will be critical determinants of the speed and vigor of the recovery.”

3d rendering of a row of luxury townhouses along a street

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