Federal Reserve Board chairman Ben Bernanke referenced the economy’s overall “distress” and continued financial strains yesterday in talking about the specific needs of lower-income communities and the community organizations that serve them.

Speaking to a Global Financial Literacy Summit hosted by Operation HOPE, the Fed chief said: “As Americans struggle with very difficult economic and financial circumstances, the importance of financial literacy and financial education has never been more evident.”

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.