Bernanke Says Fed ‘Very Interested in Inflation Expectations’
By Vivien Lou Chen -
2011-09-28T22:04:37Z
Federal Reserve Chairman Ben S. Bernanke said the central bank is “very interested in inflation expectations,” which tend to influence actual price movements.
Inflation expectations now are “broadly consistent with 2 percent inflation,” Bernanke said in response to a question after a speech today in Cleveland.
“If inflation falls too low, that’s something we have to respond to,” he said.
To contact the reporter on this story: Vivien Lou Chen in San Francisco at vchen1@bloomberg.net
To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net
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