Bernanke: US growth slower than expected - papers

However, he said that it should pick up in the second half of 2011 despite recent signs of weakness, writes the Telegrpah. In a relatively downbeat assessment of the economy, Mr Bernanke said: "US economic growth so far this year looks to have been somewhat slower than expected." His comments sent US stocks falling. The Dow Jones Industrial Average closed down 12.15 points at 12,070.81, having been up until he started his speech. Read more ...