Bernanke Tells Retirees and Savers “To Take One For The Team” – Interest Rates To Remain At Zero

Federal Reserve Chairman Ben Bernanke presented to Congress today the semiannual Monetary Policy Report which discusses current economic conditions, monetary policy and thoughts on fiscal policy. Mr. Bernanke vigorously defended the Federal Reserve’s zero interest rate policy stating that the benefits of  an easy money policy outweigh the “potential costs of the increased risk-taking in […]