Fed's Bernanke on increasing economic opportunity

In the speech 'Increasing economic opportunity: Challenges and strategies' given on 13 June Ben Bernanke of the Federal Reserve said low-wage workers who receive training in how to use banks, to save and pay bills have a better chance of improving their economic fortunes than those who don't.

"Studies generally find that people receiving financial education or counseling have better financial outcomes," Bernanke said.

"Let me close by observing that many factors influence consumer financial

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