Bernanke says US has “a considerable way to go” for full recovery; Rising wages may spur household spending
Aug 3rd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Federal Reserve chairman, Ben Bernanke, said on Monday while the US has "a considerable way to go” for a full recovery, rising wages would probably spur household spending in the next few quarters, despite slow jobs growth weakening consumer confidence.