By Tim Ahmann, Reuters


Ben Bernanke, U.S. President George W. Bush’s pick to succeed Alan Greenspan as Federal Reserve chairman, said energy prices and housing currently pose the greatest threats to the U.S. economy.


“A further jump in energy prices or a more pronounced reaction to those increases in prices that have already occurred could test the strength of the (economic) expansion,” Bernanke told Republican Sen. Jim Bunning of Kentucky in written answers to the lawmaker’s questions.


For this complete story, please visit Energy, Housing Pose U.S. Economy Risks – Bernanke.


Next Article: Collection Advisor Names Mark Vengroff as one ...

Advertisement