Stand-up Mr. Chairman!
On June 19th, did the real Ben Bernanke stand up? At his now-famous press conference.
Where he said: the Fed's asset buying will begin winding down - probably starting this year; likely ending by mid-next year?
Where he forecast unemployment hitting the Fed's 6 ½-7% threshold by the end of 2014 - hedged with the usual qualifications.
Where he posited inflation turning up from about 1 ½% (currently) to a more-likely 2%.
Did the real Ben Bernanke says this?Read More