Current Event News Report
The recent financial crisis has resulted in fear and panic, with the curiosity of means to resolve this problems leading to various meetings amongst world leaders. Ben Bernanke, the Federal Reserve chairman said in his first speech since his reappointment that it was likely that recession was over.
Addressing Washington insiders and experts on Tuesday in Washington, Brooklyn’s Institutions, he said that the economy was on the start of growing again. However, he went on detailing the tough times ahead which will be experienced prior to full economic recovery. This includes the various problems faced by the Fed amid delays and challenges posed by congress.