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Bernanke Says The US Housing Recovery Faces Significant Obstacles In A New Speech

 
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11/15/2012 01:38 PM
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Bernanke Says The US Housing Recovery Faces Significant Obstacles In A New Speech
Federal Reserve Chairman Ben Bernanke is delivering a speech on the housing market in Atlanta.
Some of the key points, via Bloomberg:
Bernanke said the Fed will do what it can to back the housing recovery and reiterated that the Fed would use its policy tools to aid the economy.
The Fed chairman also said that the U.S. housing revival faces significant challenges, and that weak housing is a powerful headwind to the recovery.
Furthermore, Bernanke said that tight lenders may be thwarting creditworthy borrowers.


Read more: [link to www.businessinsider.com]

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