Vital Signs: Bernanke Vows to Fight Inflation

On deck: May data on producer prices, housing starts, and industrial production, and two regional business surveys for June

In the past few days, Federal Reserve Chairman Ben Bernanke has managed to put a new slant on data watching. His suddenly hawkish tone on inflation (BusinessWeek, 6/11/08) has whipsawed Wall Street and left investors scratching their heads wondering if they should be reading economic reports for hints of a coming rate hike instead of another cut.

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