Tuesday, February 24, 2009

If...and only if...reasonable prospect that...

“If actions taken by the administration, the Congress, and the Federal Reserve are successful in restoring some measure of financial stability — and only if that is the case, in my view — there is a reasonable prospect that the current recession will end in 2009 and that 2010 will be a year of recovery.” Nice quote from Ben Bernanke today. Like a good chair should.

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