Wednesday, February 27, 2008

Bernanke says Fed prepared to help economy (Reuters)



Federal Reserve Chairman Ben Bernanke, right, speaks with David A. Smith, chief economist for the House Financial Services Committee, left, during a break on Capitol Hill in Washington, Wednesday, Feb. 27, 2008, in the committee's hearing on the latest measures to heal the U.S. economy. (AP Photo/J. Scott Applewhite)Reuters - Federal Reserve Chairman Ben
Bernanke on Wednesday signaled the U.S. central bank was ready
to cut interest rates again to prevent a housing slump and
shaky credit markets from further damaging a weak economy.




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