Archive for 'Paulson' Category

No Recession Prediction From Paulson and Bernanke

14 February 2008

Rates were up about .375 to price this morning on testimony from Fed Chair Ben Bernanke and Treasury Secretary Paulson.
In testimony to the Senate, Bernanke and Paulson surprised Wall Street by stating that they did not believe the economy would enter a recession this year, although it continues to be plagued by housing weakness.  [...]