Economics
Obama Says Economy Hitting ‘Headwinds’ From Europe
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President Barack Obama said after meeting with Federal Reserve Chairman Ben S. Bernanke that the U.S. economy is strengthening even as it faces “headwinds” from the European debt crisis.
“We have seen some very positive trends in a number of sectors,” Obama said at the White House after a meeting with his economic advisers. “Unfortunately, because of the troubles we’ve seen in Europe, we’re now seeing some headwinds and skittishness and nervousness on the part of the markets.”