Bernanke declares global economy beginning to emerge from worst crisis in generations
Now that US Federal Reserve Chairman Bernanke has declared the global economy is beginning to emerge from its worst crisis in generations, the emphasis will be on whether central banks continue to work together to prevent a crisis like this from happening again or if each will take its own path to assure the path to recovery is smooth.
Federal Reserve Chairman Ben Bernanke delivered a bleak assessment of the US economy to lawmakers on Tuesday, citing a slowdown in economic activity this year and a stubbornly high rate of unemployment.