Busted: Bankers and The Global Economy

November 30, 2007

Fed Alert to U.S. Instability

Filed under: banking, federal reserve, government, passport, politics — Tags: , , , , , , — digitaleconomy @ 3:01 am

Despite some strengths, the Fed continues to worry over the general outlook of the United States economy.

“Economic forecasting is always difficult, but the current stresses in financial markets make the uncertainty surrounding the outlook even greater than usual. We at the Federal Reserve will have to remain exceptionally alert and flexible as we continue to assess how best to promote sustainable economic growth and price stability in the United States.”
~ Fed Chairman Ben S. Bernanke, November 29, 2007

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