Reader Poll: Another Rate Cut?
Federal Reserve chief Ben Bernanke Thursday said the outlook for economic growth was sluggish at best, even as the government reported record exports trimmed the U.S. trade deficit last year, suggesting the economy at the end of 2007 was not as weak as earlier thought.
U.S. exports of goods and services set a record in December, pushing the total for the year to a record $1.62 trillion, and are a key source of support to an economy expected to struggle in other areas during the first half of this year.
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