Markets have seen 'some improvement,' Bernanke says (Wisconsin State Journal)

Story date: 2008-05-16 04:18:10
Added on: 2008-05-16 17:10:52

WASHINGTON — Turmoil in financial markets has eased somewhat, but the situation is still "far from normal," Federal Reserve Chairman Ben Bernanke said Tuesday. The central bank has taken a number of unconventional steps — especially since March, when the credit crisis intensified — to help squeezed banks and big investment firms overcome problems and try to get credit flowing more freely again. ...


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