Bernanke issues fresh warning on inflation

Jeannin Aversa | Washington, DC | April 27

AP - Federal Reserve Chairman Ben Bernanke told Congress Thursday that rising energy prices jeopardize a currently strong economy and left the door open to the possibility of another interest rate increase to keep inflation in check.

"To support continued healthy growth of the economy, vigilance in regard to inflation is essential," said Bernanke, who delivered his most extensive thoughts on the economy in several months.

Fed May Pause Rate Hikes, Chief Says
Vikas Bajaj | April 27 | Washington, DC

New York Times - The Federal Reserve may pause its campaign to raise short-term interest rates, Chairman Ben S. Bernanke said in an appearance before Congress today, noting that though the economy is in robust health it faces the prospect of slower growth and higher inflation from a cooling housing market and rising energy prices.

Confused?


Sean Paul Kelley April 27, 2006 - 12:03pm
( categories: AgonistWire | Economics: USA )

take on this, where is he hiding?

Tina April 27, 2006 - 1:58pm

"feed the market hope". Mr. Market is Mr. Mayshownoshow.

mauberly April 27, 2006 - 3:36pm

like NYT -> EURUSD 1.25

-- There are no income taxes in The Democratic People's Republic of Korea

Gandalf April 27, 2006 - 3:44pm

... by looking at the juxtaposition, at this hour, of Bernanke's and the pig's faces.

PW April 27, 2006 - 4:49pm

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