To the Point
The Fed and Subprime Problems, Falling Dollar, High Oil Prices
Federal Reserve Chair Ben Bernanke told Congress today the US economy is likely to slow, but what he did not say might be more important. There have been two bad days on Wall Street this week and increased concern that the housing meltdown will lead to recession. E.S. Browning reports for the Wall Street Journal .
Federal Reserve Chair Ben Bernanke told Congress today the US economy is likely to slow, but what he did not say might be more important. There have been two bad days on Wall Street this week and increased concern that the housing meltdown will lead to recession. E.S. Browning reports for the Wall Street Journal.
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