He first stated: analysts agree that at this moment the economy is in a stage of recovery.
"Although from a technical point of view of the recession, most likely, ended at the moment (very likely over), the economy continues to be very weak for some time" - quoted him as saying the agency Bloomberg. In particular, the unemployment rate will "slow down".
On Tuesday it was reported that retail sales rose in August to a record for 3 years 2.7%.
B. Bernanke said that the recovery occurs with low-level, credit conditions remain tight, consumer confidence is restored slowly, and therefore economic growth in 2010 will be restrained: "The general view of forecasters is that growth in 2010 will be restrained, less than could be expected after such a deep recession. "
The rate of recovery may also affect the speed of collapse by the U.S. administration of emergency measures to support the economy, imposed during the crisis. Monetary authorities have already begun to address this issue.
U.S. President Barack Obama also said: "We stopped the free fall of the economy. As everyone agrees."
According to him, today we need to build a new foundation for long-term prosperity of the economy to prevent a repeat of the crisis. B. Obama, in particular, stated the need to create new jobs, reforming the health care system, protect consumers, ensure fair functioning of financial markets.
B. Bernanke, speaking at the Brookings Institution in Washington, also noted that the dimensions of the so-called "shadow banking system, including the securitization of loans are likely to be less and will be subject to greater regulation by the supervisory authorities than it was before the financial crisis .
"I assume that the" shadow "banking system, at least in the medium term, will not return to that level, which was earlier," - said the head of U.S. Central Bank.
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