- WND - http://www.wnd.com -

Bernanke: Recovery 'disappointingly slow'

(CNBC) — Federal Reserve Chairman Ben Bernanke called the economic recovery “disappointingly slow” but outlined no further stimulative measures, in a speech delivered at the Economic Club in New York.

Rather than meet expectations for more central bank easing, Bernanke instead again took Congress to task for leading the nation close to a dire fiscal situation that could cause another recession.

Bernanke has been preaching against the series of spending cuts and tax increases that will take place automatically in 2013, and he delivered yet another warning of what he has called the “fiscal cliff.”