STEVE INSKEEP, Host: NPR's business news starts with an optimistic forecast of the recession's end.</s>STEVE INSKEEP, Host: It comes from the Federal Reserve Chairman, Ben Bernanke. He said the recession could end - could end - this year, and economic recovery could begin next year. He made those comments last night during an interview on the CBS news show 60 Minutes. The fed chairman said much depends on the financial markets, of course, if they are stabilized that would the set basis for recovery. But even if the recession ends this year, he warned that unemployment could continue rising.
Federal Reserve Chairman Ben Bernanke said in a Sunday interview on the CBS news show 60 Minutes that the recession could end this year, and economic recovery could begin next year. But he said much depends on the financial markets. And even if the recession ends, he warned, unemployment could continue rising.