Bernanke tells Congress:
Federal Reserve Chairman Ben Bernanke told Congress today that the fragile economy still needs government stimulus spending to strengthen the recovery and help reduce unemployment.
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.