US economy lacks strength to sustain gains says Ben Bernanke

Federal Reserve Chairman Ben Bernanke says the US economy still lacks enough spending and investment to sustain its recent gains.

Bernanke says consumer demand remains weak relative to its level before the Great Recession. He notes that other contributors to economic growth - including borrowing and trade - have declined. 

Ben Bernanke said the slow recovery from the Great Recession and 2008 financial crisis illustrates how vulnerable the global economy is, while urging economic policymakers to learn from that lesson.

For more: US economy lacks strength to sustain gains: Ben Bernanke - The Economic Times