The Hard Times Cafe

Bernanke says economy faces 'numerous difficulties' that challenge Fed policymakers

The situation, he said, poses "significant challenges" for Fed policymakers as they try to chart the best course for keeping the economy growing, while making sure inflation doesn't dangerously flare up. All the economy's problems -- including slumping home values, which threaten to make people feel less wealthy and less inclined to spend in the months ahead -- represent "significant downside risks" to economic growth."

Link to article in its entirety below

http://biz.yahoo.com/ap/080715/bernanke.html?.v=6