The nation’s economic future would be endangered if the government does not rein in budget deficits in the years ahead, Federal Reserve Chairman Ben S. Bernanke said Monday, and Congress should consider new budgeting rules to try to make that happen. READ MORE »
Posts in category US Deficit
Treasuries Set for Weekly Gain Before Jobs Report, Fed Speakers
Treasury 10-year notes headed for the biggest weekly gain in a month before a report that economists said will show unemployment held near 10 percent in October, a reason the recovery is disappointing policy makers. READ MORE »