Ben Bernanke finally took notice of the dollar yesterday in a speech in Barcelona, Spain and indicated the end to interest rate cuts may be here

US Federal Reserve Chairman Ben Bernanke told a congressional hearing today that a recession, this year, in the United States is possible. He followed that statement by saying that he believes such a recession would be short in duration because of the actions by the fed.

Federal Reserve Chairman Ben Bernanke, in a signal he is open to cutting interest rates, said the latest bout of turbulence in financial markets may put more strain on the economy.