Economics

Former Fed Chairman Bernanke Sees Diminished Headwinds to Growth

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Former Federal Reserve Chairman Ben S. Bernanke said the U.S. economy should continue to recover, and he expects the central bank will continue to provide support to growth until the labor market is fully healed.

“Looking ahead, those headwinds appear to be diminishing,” Bernanke said of conditions that have restrained economic growth, during remarks at an energy conference today in Houston. “The Fed has been providing a lot of support for the recovery” and “I expect that will continue.”