The big story passed around over the weekend was from Reuters was about former Federal Reserve Chair Ben Bernanke. The story noted that, in a series of expensive dinners with wealthy private investors, Bernanke made it very clear that below-normal interest rates were going to be around for a very long time.
That's news? Hardly. But the comment that got everyone going was from an unnamed source who had spoken to an unnamed guest. This person conveyed the impression that Bernanke does not expect the fed funds rates, the Fed's benchmark interest rate, to move back to its 4 percent average in Bernanke's lifetime.
This was the big headline. Yet put it in context: an unnamed source had spoken to an unnamed guest at one of the events who had an "impression" about what Bernanke was conveying. The facts don't get much further from a story than that.