Bernanke Does Not Comment On Outlook In Speech To Educators

By IBTimes Staff Reporter | August 07 2012 2:42 PM

U.S. Federal Reserve Chairman Ben Bernanke said on Tuesday that a population that better understands financial concepts will help the nation withstand financial shocks.

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"Consumers who make informed decisions about financial products and services not only serve their own best interests, but collectively help promote broader economic activity," he said in prepared remarks at a town hall meeting at the Fed on financial education.

Bernanke did not comment on the outlook for monetary policy or the economy in prepared text.

(Reporting By Mark Felsenthal; Editing by Neil Stempleman)

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