"Once the recession ends, we may be tempted to hope that the economy will take off at a full...

|By:, SA News Editor

"Once the recession ends, we may be tempted to hope that the economy will take off at a full gallop, but that is not likely to happen because of some long-standing imbalances within our economy," Fed's Sandra Pianalto warns this morning. She says many Americans now "have no choice but to save" as they attempt to rebuild after being gutted by home and stock price declines. (remarks)