Gas Prices Could Lead to ‘Hit on Growth’: Fed’s Bernanke


News Flash:

Ben Bernanke cautioned that high gas prices could lead to a “hit on growth” and rising inflation. Well, wasn’t that what he wanted?

About 40 percent of out-of-work Americans have been unemployed for longer than six months. Benanke, wiping away a crocadile tear, said “Those people are obviously facing a lot of hardship.”

More at http://www.cnbc.com


The opinionated content contained in the Hyper Report text and videos are provided for informational and entertainment purposes only. Please use the information found within this site as a starting point for conducting your own research and before making any investing decisions. All stories are sourced and the information is assumed to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information.

Advertisements