Bernanke Says Fed ‘Very Interested in Inflation Expectations’
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.
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