Former Federal Reserve Chairman Ben Bernanke predicted the U.S. economy is heading into a sharp recession that shouldn’t last. “It is possible there’s going to be a very sharp, short, I hope short, recession in the next quarter because everything is shutting down of course,” he said. “If there’s not too much damage done to the workforce, to the businesses during the shutdown period, however long that may be, then we could see a fairly quick rebound,” Bernanke later added. Bernanke spoke Wednesday to CNBC’s “Squawk Box.” During the financial crisis that exploded in 2008, Bernanke guided the Fed through its efforts to ... (full story)