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Friday, March 23, 2018
persistently slow growth

Ben Bernanke Admits That He Doesn’t Know Why The Economy Is Stalling

The Federal Reserve Chairman sounded almost befuddled yesterday when during a press conference yesterday where he explained the central bank’s recent decision to keep interest rates low. “We don’t have a precise read on why this slower pace of growth is persisting,” he told reporters. The gloomy official statement from the bank referred to the […]

June 23, 2011