US dollar, after showing some strength in earlier trading, has moved lower since Ben Bernanke‘s remarks. Bernanke’s remarks on the US economy have raised doubts about the strength of the recovery, as well as provided clues that a loose monetary policy may not be over with.
Economists are always debating whether or not the US is in a recession but when it comes down to actually defining the term, there can be no argument. Knowing what a recession is may help you see it forthcoming, and plan your finances accordingly.
Many are worried about another recession looming on the horizon. Whether or not that happens, you should be prepared financially. See how you can recession proof your finances.