Bernanke: Consumer worries

Posted September 8, 2011 by Editor

[private][private]Bernanke’s speech text is essentially a cutting-and-pasting of his Jackson Hole remarks–though with the addition of a bit of text on inflation. That discussion brings no surprises, noting that “inflation is expected to moderate in the coming quarters as..transitory influences” and voiced throughout in “we” terms, rather than “I” terms.

US_11-0908_E2[/private][/private]