Fed Focusing on Jobs, Low Inflation Ahead

Reported By Bloomberg.com! Federal Reserve Chairman Ben S. Bernanke said the central bank is concentrating intently on reducing unemployment and projects inflation to stay under control for the foreseeable future.

For a lot of people, I know, it does not feel like the recession ever ended, even with the economy growing for two years, Bernanke said today in prepared remarks for a town hall- style meeting with soldiers at Fort Bliss in El Paso, Texas.