Bernanke: Economy could shrink in 1st half 2008
(Reuters)
Source: Yahoo News Published April 2, 2008 @ 6:54am PDT
Reuters - The U.S. economy could contract in
the first half of this year but should then pick up as
aggressive interest rate cuts stimulate growth and financial
and housing market woes recede, Federal Reserve Chairman Ben
Bernanke said on Wednesday. [full article]