Bernanke Speech Today

Dylan | December 7, 2009 | 0 Comments

Bernanke Speech Today – Bernanke Speech can be found here.Federal Reserve Chairman Ben Bernanke delivered a speech in front of the Economic Club of Washington, D.C. yesterday where he talked about keeping interest rates at a record low for “an extended period” and the fact that U.S. now faces “formidable headwinds,” Bernanke said:

“We still have some way to go before we can be assured that the recovery will be self-sustaining.My best guess at this point is that we will continue to see modest economic growth next year — sufficient to bring down the unemployment rate, but at a pace slower than we would like.”

After Federal Reserve Chairman’s speech the dollar climbed to the highest level in almost a month versus the euro.Bernanke Speech on the economy can be viewed below.


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