Bernanke: While a 6.5% unemployment rate may be a trigger for higher rates, don't interpret this...

|By:, SA News Editor
Bernanke: While a 6.5% unemployment rate may be a trigger for higher rates, don't interpret this level as the Fed's goal. It's lower than that, he says, but due to the lags in the effects of monetary policy, the FOMC would need to act early.