Bernanke does not comment on outlook in speech to educators

WASHINGTON (Reuters) - 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.

"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 to 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)

Updated Date: Aug 08, 2012 00:45 AM

Also Watch

Watch: Firstpost test rides the new Thunderbird 500X in Goa and walks you through the Royal Enfield Garage Cafe
  • Tuesday, April 17, 2018 Varun Dhawan on Shoojit Sircar's October, 5-star reviews and working with Anushka Sharma in Sui Dhaaga
  • Saturday, April 14, 2018 Ambedkar Jayanti: Re-visiting Babasaheb's ideals exposes fake Dalit politics of Rahul Gandhi and Congress
  • Monday, April 9, 2018 48 hours with Huawei P20 Pro: Triple camera offering is set to redefine smartphone imaging
  • Monday, April 16, 2018 Rajyavardhan Singh Rathore interview: Sports can't be anyone's fiefdom, we need an ecosystem to nurture raw talent

Also See