(Reuters) - WASHINGTON, June 5 - The U.S. economy is set to
grow at a sluggish pace in coming months but there are risks
that elevated levels of inflation excluding food and energy
may not recede, Federal Reserve Chairman Ben Bernanke said on
Tuesday.
"Although core inflation seems likely to moderate gradually
over time, the risks to this forecast remain to the upside,"
Bernanke said in remarks prepared for delivery to a monetary
policy conference in Cape Town, South Africa.
Read more at Reuters.com Bonds News
grow at a sluggish pace in coming months but there are risks
that elevated levels of inflation excluding food and energy
may not recede, Federal Reserve Chairman Ben Bernanke said on
Tuesday.
"Although core inflation seems likely to moderate gradually
over time, the risks to this forecast remain to the upside,"
Bernanke said in remarks prepared for delivery to a monetary
policy conference in Cape Town, South Africa.
Read more at Reuters.com Bonds News
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