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Despite Fed, Silicon Valley Bullish on Economy

Many tech workers not seeing US slump

By Nick McMaster, Newser Staff

Posted Feb 27, 2008 5:31 PM CST

(Newser) – Ben Bernanke’s report to Congress on monetary policy offered a grim outlook on the economy, but ABC News sees some signs that good news may be around the corner: workers in Silicon Valley, a national economic bellwether, feel good about their prospects. Rising exports,... Read full story »

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Despite Fed, Silicon Valley Bullish on Economy

Many tech workers not seeing US slump

Ben Bernanke • Silicon Valley • Federal Reserve • subprime mortgages • recession • housing crisis • interest rate cut

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More Newser Stories

Bernanke Sees Q4 Slowdown

Fed chief sees economy as 'resilient' but growth slow through this quarter

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Target is record low as Reserve battles recession

Fed Weighs Emergency Rate Cut

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Experts expect a last cut to 2% before the central bank stops and waits

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But admits economy could contract, possibility of recession

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