In case you were wondering, Federal Reserve Chair Ben Bernanke is not pleased with the pace of the recovery. In an interview with Scott Pelley on 60 Minutes last night, Bernanke expressed concern that it may be "four, five years" before we see unemployment drop to "normal" levels ("in the vicinity of say five or six percent").
Bernanke spoke with Pelley from The Ohio State University, and he covered many issues beyond unemployment, including quantitative easing, and the lack of lending for small business. You can watch the full interview here:
Posted
12-06-2010 8:54 AM
by
Graham Griffith