Bernanke and the Three Bears

The story about the U.S. "Goldilocks economy" -- where growth is at a pace that is "just right", neither too fast nor too slow -- is quickly approaching a new chapter. At their June meeting, Federal Reserve policymakers will need to look beyond the economic conditions bearing the curly-tressed trespasser's name to the Three Bears: the threats of rising core inflation, a falling dollar, and moderating economic growth.

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