What to Listen for in Bernanke's Speech Today

Ben Bernanke presents the Tablets of Inflation and Unemployment
to the assembled Economists!

Mark Thoma:

4 things to listen for when Moses Ben Bernanke descends from Mount Treasury to address the masses,

1. Is the recent weakness in the economy is long-term or short-term?
2. If it’s long-term, whether the Fed has enough ammunition left to do something about it.
3. Does the Fed view the unemployment problem as mostly cyclical or mostly structural. If the Fed thinks it’s structural, then there’s not much it can do about it in any case. But if the unemployment problem is mostly cyclical, as I believe it is, then the Fed can potentially help.
4. How worried is the Fed about inflation?

I hope he's coming to deliver us from unemployment.  Making these bricks without straw is a pain in the ass!