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Ben S. Bernanke: “Housing ’holding back’ recovery of US economy”

Ben S. Bernanke: “Housing ’holding back’ recovery of US economy”
# 02 May 2011 08:16 (UTC +04:00)
Bakı - APA-Economics. Federal Reserve Chairman Ben S. Bernanke said high levels of joblessness and home foreclosures are restraining the U.S. recovery and putting many people and communities at risk of being “left behind.”

“The broader economy is in a moderate recovery, and we have recently seen some welcome, if gradual, improvement in the labor market,” Bernanke said in a speech today in Arlington, Virginia. “But our economy is far from where we would like it to be, and many people and neighborhoods are in danger of being left behind.”
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