Bernanke's statement on renomination to the Board

In testimony before the US Senate on 14 October Ben Bernanke of the Federal Reserve said although economic forecasting is far from an exact science, private-sector forecasters broadly agree that the economy should grow at nearly a 4 percent rate in 2004. I believe that forecast is plausible, Bernanke added, assuming that the revival in business investment remains vigorous.

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Testimony of Federal Reserve

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