日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

WORLD> America
Bernanke: US economy on cusp of recovery
(Agencies)
Updated: 2009-08-21 23:19

Bernanke: US economy on cusp of recovery
In this July 29, 2009 file photo, US Federal Reserve Chairman Ben Bernanke (L) meets with China's Vice Premier Wang Qishan in Washington. [Agencies]

JACKSON, Wyo.: Federal Reserve Chairman Ben Bernanke declared Friday that the US economy is on the verge of a long-awaited recovery after enduring a brutal recession and the worst financial crisis since the Great Depression.

Economic activity in both the US and around the world appears to be "leveling out," and "the prospects for a return to growth in the near term appear good," Bernanke said in a speech at an annual Fed conference in Jackson Hole, Wyo.

Related readings:
Bernanke: US economy on cusp of recovery US economy 'out of emergency room'
Bernanke: US economy on cusp of recovery Japan's economy returns to growth in Q2
Bernanke: US economy on cusp of recovery France's economy grows 0.3 percent in Q2
Bernanke: US economy on cusp of recovery Fed signals vote of confidence in economy

Bernanke: US economy on cusp of recovery Obama: Health care reform essential for rebuilding US economy

The upbeat assessment was consistent with the Fed's observations earlier this month as it took a small step toward pulling back some emergency programs to revive the economy.

Still, Bernanke stressed Friday that despite much progress in stabilizing financial markets and trying to bust through credit clogs, consumers and businesses are still having trouble getting loans. The situation is not back to normal, he said.

Restoring the free flow of credit is a critical component to a lasting recovery.

"Although we have avoided the worst, difficult challenges still lie ahead," Bernanke told the gathering. "We must work together to build on the gains already made to secure a sustained economic recovery."

Strains in financial markets worldwide persist. Financial institutions face "significant additional losses" on soured investments and many businesses and households are experiencing "considerable difficulty" in getting loans, he said.

The Fed chief's remarks come two years after the financial crisis broke out and nearly one year after it had deepened to the point of sending the nation into a near meltdown.

The bulk of Bernanke's speech was a chronicle of the extraordinary events of the past year. Financial markets took a turn for the worst starting last September and into October, nearly shutting down the flow of credit. The crisis felled storied Wall Street firms and forced the government to take over mortgage giants Fannie Mae and Freddie Mac, as well as insurance titan American International Group Inc.

Despite efforts to save it, Lehman Brothers failed. It filed for bankruptcy on Sept. 15, the largest in corporate history, which roiled markets worldwide.

To prop up shaky banks, the government created a $700 billion bailout fund, a program that proved wildly unpopular with an American public suffering fallout from the recession.

   Previous page 1 2 Next Page  

主站蜘蛛池模板: 成人福利视频在线观看 | 国产男女在线 | 久久综合干 | 国产乱国产乱300精品 | 国产三级av在线 | 黄色福利视频 | 日韩视频国产 | 特淫毛片 | av集中淫 | 激情六月天 | 日韩一区二区在线观看视频 | 自拍在线观看 | 99热| 婷婷狠狠爱 | 成人免费视频网站 | 超碰狠狠 | 日韩美av | 精品日韩一区 | 亚州欧美日韩 | 国产毛片一级 | 天天伊人网 | 午夜天堂视频 | 日韩不卡视频在线 | av在线成人 | 欧美日韩精品在线视频 | 第四色亚洲色图 | 亚洲五月花 | 久久精品在线播放 | 成人综合一区 | 欧美日韩免费在线 | 黄色三级视频在线观看 | 亚洲丝袜综合 | www.在线看| 手机免费av | 激情视频网站在线观看 | av在线大全 | 亚洲精品视频一区二区 | 黄色一级大片 | 亚洲免费av在线 | 国产精品人人 | 在线艹 |