But with a French twist on the Mitt Romney tax rate flap, it turns out the French capital gain rate is perceived as a bigger problem than the 75% rate on earnings.
The Chairman of the Federal Reserve defended his decision to embark in an open-ended, third round of quantitative easing (QE3), extend Operation Twist, and extend their forward-rate guidance to 2015.
Bernanke also said Operation Twist equates a 50 basis point cut in the Fed funds rate, adding he expected an additional 20 basis point fall in lending costs.