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MoneyTalks - > Money Talks -> "Economic conditions have weakened"
"Economic conditions have weakened"

So says the Fed this morning.

I found this description from Associated Press reporter Jeannine Aversa, who regularly covers the national economy.

"Even Fed Chairman Ben Bernanke recently acknowledged for the first time that a recession was possible. That was a rare utterance of the “r” word for a Fed chief. The government later this month will report on the economy’s first-quarter performance."

What signs are you seeing of the weakening economy?

— Christine Peterson

Posted in these Groups:
Topics: economy, FED, recession, spending
posted by MoneyTalks on Wednesday, April 16, 2008 at 11:21 AM
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