Dec 8

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Bernanke sees low rates, sluggish growth ahead

Federal Reserve Chairman Ben Bernanke stated today that he expects interest rates to remain low for an “extended period” while the economy struggles out of the recession, given high unemployment and tight credit. He expects rates to remain low as, according to him, inflation is under control. Is your company prepared to face an extended, slow recovery? Have you factored this into your projections? Do you maintain monthly financial projections, complete with a cash flow forecast, and update those with actuals?

Bernanke sees low rates, sluggish growth ahead

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