EconWatch.com > It's the Economy, Mr. Bernanke - DealBook Blog - NYTimes.com

[DealBook] “Unfortunately, lending to small businesses has been declining,” Mr Bernanke told a meeting of the Federal Reserve Bank of Chicago’s Detroit branch. “Indeed, outstanding loans to small businesses dropped from almost $700 billion in the second quarter of 2008 to approximately $660 billion in the first quarter of 2010.”

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[You're the Boss] It's the Economy, Mr. Bernanke - You're the Boss Blog - NYTimes.com: The Fed chairman went on to say that “just 40 percent of small businesses attempting to borrow in 2009 had all of their credit needs met.” I’m certainly not in favor of restricting the resources that flow to small businesses, but I really don’t know what to make of this statement. It sounds like something you would hear from a small-business owner who’d just been turned down for a loan —

[Invest FX] It's the Economy, Mr. Bernanke « Invest FX: “Unfortunately, lending to small businesses has been declining,” Mr Bernanke told a meeting of the Federal Reserve Bank of Chicago’s Detroit branch. “Indeed, outstanding loans to small...

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[Untitled] Monetary policy: The view from the Fed | The Economist: Is the word deflation even in the Fed's dictionary? How is a huge reduction in government spending in the Euro area, the coming payroll and spending cuts by state and local government in the US, practically no consumer credit growth, and a huge glut of unemployed people in both the EU and US going to lead to sustained inflationary pressure?

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[DealBook] Fed Chief Urges More Lending to Small Business - DealBook Blog ...: Outstanding loans to small businesses declined to $660 billion in the first quarter of 2010, from almost $700 billion two years ago, Mr. Bernanke said, adding that it was difficult to tell whether the decrease was a result of reduced demand or tightened credit standards.

[Finance Blog] Bernanke Says Unemployment Unlikely to Fall Quickly « Finance Blog: Federal Reserve Chairman Ben S.Bernanke said the U.S. recovery probably won’t quickly bringdown the unemployment rate, which is likely to stay “high for awhile.”Given the depth of the recession, the recovery is“moderate paced,” Bernanke [...]&source=Finance Blog" class="linkedin" title="Share this on Linkedin">

[Franchise Blog] Franchise Blog - Your Guide to Franchising: Bernanke's Small-Biz Plea: Late last week, Ben Bernanke, the man responsible for navigating Wall Street through the almost unprecedented financial chaos of the last few years, publically stated that America’s banks need to step up and do more for the country’s entrepreneurs and small business owners.

[Mortgage Loans Equity .Net - Home Mortgage, Home Loans, Home Equity & Mortgage refinancing] Bernanke: Economy "won't feel terrific" | Mortgage Loans Equity ...: From Sewell Chan at the NY Times: Bernanke Forecasts a Fitful Recovery “My best guess is that we’ll have a continued recovery, but it won’t feel terrific,” Mr. Bernanke told the broadcast journalist Sam Donaldson in a question-and-answer session at the Woodrow Wilson International Center for Scholars.

[First Read] First Read - Bernanke timing:  He did a good job but I was a bit disappointed when he was making an honest belief about an issue and a reasonable argument for his position, he would add a GOP talking point at the end leading me to conclude he was lockstep republican.  Ex:  he was honestly speaking about his belief that the health care system is broken and needs to be fixed but ruined his argument for nonrepublicans by adding the talking point "no government run".

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