Video - Bernanke: More govt action needed
Federal Reserve Chairman Ben Bernanke said that fiscal stimulus alone may not be enough to alleviate a worsening economy. Bernanke said a U.S. stimulus could give a significant boost, but that the government could consider additional capital injections. Meanwhile, the U.S. trade gap shrank to $40.4 billion, marking the biggest contraction in twelve years. Diane King reports from New York.
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Labels: Ben Bernanke, economic downturn, economic stimulus, economy, Fed, Federal Reserve, recession
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