About - Thursday 09 Sep, 2010
Banks, battles, and the psychology of overconfidence
The pace of economic decline appears to have slowed, but the labor market remains weak and, in response, the Federal Reserve is likely to maintain interest rates at "exceptionally low levels for extended periods,"
By Malcolm Gladwell in The New Yorker
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Quotes - Tuesday, 12 May 2009
(The Telegraph - U.K.)
By Jamie Dunkley
US Federal Reserve chairman Ben Bernanke: "We're working on it. And I do think that we will get it stabilised, and we'll see the recession coming to an end probably this year. "We'll see recovery beginning next year. And it will pick up steam over time." (...)
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