Bernanke: Housing Woes to Slow Growth

October 15, 2007

121

A deepening housing slump probably will be a “significant drag” on economic growth into next year and it will take time for Wall Street to fully recover from a painful credit crisis, Federal Reserve Chairman Ben Bernanke warned Monday.

*For more on this story,

read the full Associated Press article.

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Bernanke: Housing Woes to Slow Growth

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