FYI, Nov. 8 2007: The Bernanke Sees No Recession, Growth Rebound In 2008

“Our assessment is for slower growth, but positive growth, going into next year,” Bernanke said as he delivered a status report on the economy’s health to the congressional Joint Economic Committee…….he said the U.S. central bank expects the world’s largest economy to regain steam by the middle of next year as housing and financial markets stabilize.