Bernanke: "We are in a recovery"

09/16/2009 | Wall Street Journal, The

The recession is "very likely over," Federal Reserve Chairman Ben Bernanke pronounced Tuesday, although he added that he expects the recovery to be moderate. Bernanke's comments followed a Commerce Department report showing that retail sales were up 2.7% in August. (Do you think the Fed chief has it right? See our poll below.)

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