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Fed chief sees long road back to economic health - Live5News.com | Charleston, SC | News, Weather, Sports

Fed chief sees long road back to economic health

CHARLESTON, S.C. (AP) - Federal Reserve Chairman Ben Bernanke suggests the country faces a long road ahead to get back to good economic health.

Bernanke told a meeting in Charleston today that the worst of the financial crisis is behind the nation. He says the economy is growing and that is an improvement after the deepest recession since the 1930s.

The Dillon native says there is still a ways to go for a full economic recovery. He says many Americans are still grappling with unemployment, foreclosure and lost savings.

Today were marks Bernanke's first public comments since a government report last week showed the recovery lost momentum in the spring.

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