Saturday, April 11, 2009

Your Black News: Pres Obama Says Economy Looks Better

David adds Obama also brought up Easter in his remarks.

"Now, we have always been very cautious about prognosticating and that's not going to change just because it's Easter," the president said.

President Obama delivered a brief pep talk today on the economy, after meeting at the White House with financial advisers including Federal Reserve Chairman Ben Bernanke and Treasury Secretary Timothy Geithner.

Americans are starting to see "glimmers of hope throughout the economy," Obama told reporters. USA TODAY's David Jackson says Obama cited lower mortgage rates, an uptick in home refinancing and increased lending to owners of small businesses.


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