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Are We Headed for Recession?

Federal Reserve Chairman Ben S. Bernanke came to Capitol Hill this morning to try to answer that question.

His message

: The overall economy has performed well since March but will slow in the coming months because of rising energy costs and weakness in the housing, financial and credit markets. Bernanke said that he expects the housing market to hit bottom in the coming months, with the economy starting its recovery in the spring.

Source:  ABC News

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