Thursday, January 10, 2008

Bernanke hints at rate cut (REUTERS

Jan. 10 - Federal Reserve Chairman Bernanke hinted at rate cuts to come saying "additional policy easing may be necessary."

At an economic forum in Washington DC, Bernanke said that he was concerned about what he sees on the economic horizon, citing. higher oil prices, lower stock values and a falling housing market all weighing on consumer spending.

Deborah Lutterbeck reports.(REUTERS)

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