The original content of Democracy Now! Headlines appears under the Creative
Commons BY-NC-ND 3.0 License (United States). For more, including their other
shows and media, visit www.democracynow.org.
February 4, 2011

Bernanke: Unemployment Rate Will Remain "Stubbornly" High 
----------------------------------------------------------



In economic news, Federal Reserve Chair Ben Bernanke held a rare
question-and-answer session with reporters on Thursday. Bernanke
predicted the nation's unemployment rate would remain high for some
time.

Ben Bernanke: "Although economic growth will probably increase this
year, we expect the unemployment rate to remain stubbornly above, and
inflation to remain persistently below, the levels that Federal Reserve
policymakers have judged to be consistent over the longer term with our
mandate from the Congress to foster maximum employment and price
stability."



.