All Commentary
Thursday, June 23, 2011

Bernanke: Recovery Is Slowing

“The economic recovery is slowing and the outlook for next year has gotten worse, Federal Reserve Chairman Ben S. Bernanke said Wednesday, backing away from the view that the slowdown of the past few months was merely temporary…. Despite the slowdown, the Fed said it will end a program of buying vast sums of Treasury bonds at the end of June as scheduled and gave no sign it is contemplating new action.” (Washington Post)

Thanks for all you’ve done, Chairman Bernanke.

FEE Timely Classic
“Boom and Bust: Crisis and Response” by Gerald P. O’Driscoll, Jr.