MW: Bernanke sees some credit improvement but challenges remain
By Greg Robb
WASHINGTON (MarketWatch) -- There have been some fleeting signs of improvement in credit market conditions, but market volatility and the latest reports on economic conditions make clear that challenges remain for the global economy, Federal Reserve Board Chairman Ben Bernanke said Friday. In a speech at the European Central Bank in Frankfurt, Bernanke praised the close ties that he has developed with ECB President Jean-Claude Trichet and other central bankers. He said that policy makers will remain in close contact and stand ready to take additional action should conditions warrant.
