* DJ Bernanke: Clearer Mortgage Rules Should Help Ease Lending Standards Page 1 of 2

* DJ Bernanke: Clearer Mortgage Rules Should Help Ease Lending Standards

18-7-2013

(MORETOFOLLOW)DowJonesNewswires

July18,201311:14ET(15:14GMT)

* DJ Bernanke: Doesn't Expect Balance Sheet Wind Down Until After

Interest Rates Start to Rise

(MORETOFOLLOW)DowJonesNewswires

July18,201311:18ET(15:18GMT)

* DJ Bernanke: Low Rates, Big Balance Sheet to Keep Policy

Accommodative for Foreseeable Future

(MORETOFOLLOW)DowJonesNewswires

July18,201311:21ET(15:21GMT)

* DJ Bernanke: Monetary Policy Has Carried 'Burden' For Economic

Recovery

(MORETOFOLLOW)DowJonesNewswires

July18,201311:32ET(15:32GMT)

* DJ Bernanke: Students Need to Be Better Informed About Labor Market

(MORETOFOLLOW)DowJonesNewswires

July18,201311:33ET(15:33GMT)

* DJ Bernanke: Wealth Inequality a 'Tough Problem'

(MORETOFOLLOW)DowJonesNewswires

July18,201311:34ET(15:34GMT)

* DJ Bernanke: Cost of Living is High, But Prices Aren't Rising

(MORETOFOLLOW)DowJonesNewswires

July18,201311:51ET(15:51GMT)

* DJ Bernanke: Nobody Really Understands Gold Prices

(MORETOFOLLOW)DowJonesNewswires

July18,201312:04ET(16:04GMT)

DJ Bernanke: Cost of Living is High, But Prices Aren't Rising

By Jeffrey Sparshott and Victoria McGrane

about:blank 22.07.2013
* DJ Bernanke: Clearer Mortgage Rules Should Help Ease Lending Standards Page 2 of 2

WASHINGTON--FederalReserveChairmanBenBernankesaidThursdaythecentralbankcan'tdomuchaboutthe
highpricesforgasoline,food,rent,andothergoodsandservices.

"There'sadistinctionbetweenpricesbeinghighandpricesbeingrising,"Mr.BernankesaidataSenatehearing.

ThedifferenceiscrucialfortheFed.Mr.Bernankesaidthatwhilepolicymakerscaninfluenceinflation,theyhave
littlesayovererodinglivingstandardscausedbypoorwagegains.

"That'snotanissueofinflationthat'sanissueofreallivingstandardsandthathastodowiththeproductivityof
economyandthedistributionofincome.AndtheFedcan'treallydoawholelotaboutthat,"Mr.Bernankesaid.

Theupshot?Thecostoflivingishigh.Butatleastit'snotgoingup.

WritetoJeffreySparshottatjeffrey.sparshott@dowjones.com

(END)DowJonesNewswires

July18,201312:51ET(16:51GMT)

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about:blank 22.07.2013