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Archive Home > 2008 > May > 14 > Financial crisis is easing, but it’s not over, Bernanke says

Financial crisis is easing, but it’s not over, Bernanke says

By Neil Irwin / The Bulletin
May 14, 2008

WASHINGTON — Financial markets are starting to work better, Federal Reserve Chairman Ben Bernanke said Tuesday, but are still not functioning normally despite Fed intervention. Meanwhile, new data on retail sales suggests American consumers, though stressed, are not cutting their....

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