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Fed Forecasts Economic Rebound by Next Spring

Federal Reserve Chairman Ben Bernanke said Thursday that he expects the U.S. economy to "slow noticeably" in coming months as the housing slump intensifies. Bernanke also said the economy has shown considerable resilience and should rebound next year.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.