Bernanke Calls for Proactive Response to Keep Economy Stable

Although the economy has clearly begun to shake off the effects of the crash, it is only taking small steps forward. Analysts and economists agree that drastic policy changes or interest rate hikes at this point could well trigger another crash, this one worse than before as the fragile economy can not take another hit and bounce back easily. The Federal Reserve Chairman expressed similar views at his address before the Dallas Regional Chamber. [Read more…]