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Bernanke warns of worsening economy (AP)
Date : 14 Feb 2008 Category : Business
Yahoo! News: Business
AP - Using words like "sluggish" and "deteriorated," Federal Reserve Chairman Ben Bernanke gave a starkly pessimistic assessment of the nation's economy on Thursday and signaled that the Fed will cut interest rate cuts further if needed to combat the adverse effects of a prolonged housing slump and a severe credit crisis.