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How will the Fed help the economy?

Ben Bernanke
Ben Bernanke
Alex Wong/Getty Images

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The Federal Reserve is hosting their annual meeting of economists and prominent central bankers in Jackson Hole, Wyoming. Wall Street pays very close attention to the goings on at the meeting, hoping for clues on how the Central Bank is feeling about the economy. But the man who is getting the most attention is Fed Chairman, Ben Bernanke.

In a speech early today Bernanke acknowledged that progress reducing unemployment has been too slow, and that the economy continues to face "daunting" challenges.


Paddy Hirsch, the Senior Producer of Personal Finance at Marketplace.