WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke tells Congress that
record-low interest rates are still needed to ensure that the economic
recovery will last and to help cushion the sting of high unemployment.
Delivering his twice-a-year economic report to the House Financial Services
Committee, Bernanke strikes a confident tone that the recovery should endure
. But he also seeks to tamp down expectations.
The moderate economic growth the Fed expects will lead to only a slow
decline in
