Bernanke: Credit woes will slow job growth

11/17/2009 | Bloomberg Businessweek

Federal Reserve Chairman Ben Bernanke said this week that the continued difficulty small-business owners have getting credit may hinder job growth. "Banks' reluctance to lend will limit the ability of some businesses to expand and hire," he said. "Jobs are likely to remain scarce for some time, keeping households cautious about spending."

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