He said unemployment will continue through 2011. This is key in that high unemployment hurts the recovery from the recession. Also, he's talking about the various measures that will be used to counter inflation by taking money out of the economy. Its interesting to read that the general quality of Bernanke's remarks were intended to appeal to investors.
Reuters: Unemployment could undercut U.S. recovery: Bernanke
...unemployment is likely to remain uncomfortably high into 2011 and could sap fragile consumer confidence...
"We will not allow the broad measures of money circulating in the economy to rise at a rate rapid enough that would cause inflation eventually."
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