
"We won't be back to full employment. But we will, I hope, see the end of these declines that have been so strong in a last couple of quarters," he said.
Bernanke told the U.S. Congress in January that the Fed believes there is a reasonable prospect the recession that took hold in December 2007 will end this year and that 2010 will be a year of recovery.
In the rare on-record interview, he largely stuck to that view, while suggesting recent developments may have dimmed the outlook a bit.
"We'll see the recession coming to an end probably this year," Bernanke said. "We'll see recovery beginning next year."
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