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Mar 11, 2014
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Mar 7, 2014

Bernanke says energy a ‘bright spot,’ upbeat on jobs data

HOUSTON, March 7 (Reuters) – The boom in onshore natural gas
production in the United States has brought down power prices
and may be contributing to a “reshoring” of manufacturing jobs
from overseas, former Federal Reserve Chairman Ben Bernanke said
on Friday.

The U.S. economy continues to recover, thanks in part to
rising energy production, but more needs to be done to boost
growth, Bernanke said in one of his first public speeches since
handing over the reins at the Fed in January to Janet Yellen.