Federal Reserve Chairman Ben Bernanke predicted a slow economic recovery, with unemployment rates in the double digits for the near term during a question-and-answer session at the Woodrow Wilson International Center for Scholars on June 7.
“Even though technically we’ll be in recovery and the economy will be growing, unemployment will still be high for a while and that means that a lot of people will be under financial stress,” he explained. The interest rate increases likely would resume before the job market fully recovers, Bernanke added.
Tags: real estate investing, real estate investment, real estate investments
…
Check Unique Pharmacy Now!…