Fed Chairman Ben Bernanke says the 2008 economy will be weak

Friday, January 18, 2008 at 1:30AM
Jay Goodman Tamboli in Video, economics, mortgage, recession, stimulus, subprime

Chairman of the Federal Reserve Ben Bernanke, testifying before the House Budget Committee, responds to a question by committee chairman Rep. John Spratt (D-SC) by saying that the economy has "softened" and that the prospects for 2008 are not as good as 2007.

Article originally appeared on Talk Radio News Service: News, Politics, Media (http://www.talkradionews.com/).