More from Bernanke: "Another cost, one that we take very seriously, is the possibility that very...


More from Bernanke: "Another cost, one that we take very seriously, is the possibility that very low interest rates, if maintained too long, could undermine financial stability ... (however) a premature tightening of monetary policy could lead interest rates to rise temporarily but would also carry a substantial risk of slowing or ending the economic recovery." Questioning is about to begin. S&P 500 +0.9%.

Comments (5)
  • Hitesh Patel
    , contributor
    Comments (314) | Send Message
     
    Economic recovery? All my friends and clients that are in retail sales are telling me the they have never seen such a slow down in the first quarter. It is slower then in 2008. Thanks for the update Ben
    22 May 2013, 10:28 AM Reply Like
  • Hendershott
    , contributor
    Comments (1752) | Send Message
     
    Hitesh, if you want to see a recovery, go to Houston or Dallas. Nothing but construction cranes. All along the Gulf Coast for that matter.
    22 May 2013, 06:38 PM Reply Like
  • Matt Jonza
    , contributor
    Comments (86) | Send Message
     
    rally on market
    22 May 2013, 10:42 AM Reply Like
  • Topcat
    , contributor
    Comments (579) | Send Message
     
    Ben doing what is necessary to recover from the Great Recession, and the changing global workforce (automation) affects. He is doing what Obama would like to but can't due to the wingnuts blocking everything. So, make your money in stocks while you can, just like you made money in real estate, and dot.com before that. And stockpile for a very uncertain future world.
    22 May 2013, 01:14 PM Reply Like
  • Mrnomad
    , contributor
    Comments (359) | Send Message
     
    What Bernanke said, which few realized, is that the fed is doing all it can because the decision making process known as congress is incapable of working together for the benefit of the citizenry. And that's not going to change because the congress is composed of lobbyists who have no intentions of seeking solutions which benefit the people. To the contrary, they have hijacked the process for the benefit of the corporations who paid them to go to congress.
    23 May 2013, 10:45 AM Reply Like
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