Wednesday, July 18, 2007

Bernanke: Job shifts offset home-building losses

(Reuters) - Bernanke also told the panel that first-quarter growth in gross domestic product was held down by temporary factors and that second-quarter growth would be closer to a 3 percent rate.




The Fed chief separately said, when asked about the value of the dollar, that he does not anticipate a crisis like that seen in 1979-80.


Read more at Reuters.com Business News

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