On Thursday, Ben Bernanke and the Federal Reserve announced the widely expected "Operation Twist" stimulus plan. With the policy, the Fed with sell $400 billion in short-term Treasuries, in exchange for long-term bonds, in an effort to push interest rates even lower.
Bernanke also said he expects economy growth to "remain slow." Markets reacted negitavely, with a global selloff Thursday.
Where do you think the economy goes from here? And how will local businesses be affected if we head towards another recession? Tell us in the comments.
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