Getting your player ready...
WASHINGTON — Getting loans flowing more normally to creditworthy small businesses will help the economic recovery, Federal Reserve chief Ben Bernanke said Thursday.
Lending to small businesses is declining even though the economy is improving. Lending has dropped from almost $700 billion in the second quarter of 2008, when the country was on the precipice of a financial crisis, to $660 billion in the first quarter of this year, Bernanke said in prepared remarks in Detroit.
