Thursday, February 28, 2008

Bush, Fed Chief See No Recession Ahead

Feb 28, 7:16 PM EST


Bush, Fed Chief See No Recession Ahead

By JEANNINE AVERSA
AP Economics Writer



WASHINGTON (AP) -- The economy is in turmoil, yet President Bush and Federal Reserve chief Ben Bernanke say the country will weather the storm. Neither sees a recession on the horizon.

Both Bush and Bernanke are on the front lines of the government's efforts to right an economy that increasing numbers of economists fear is on the verge of its first recession since 2001, if it hasn't already fallen into one.



For more
http://hosted.ap.org/dynamic/stories/B/BUSH_BERNANKE?SITE=IACED&SECTION=HOME&TEMPLATE=DEFAULT

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