Tuesday, July 10, 2007

Bernanke: Anchored expectations mute price swings

(Reuters) - Some analysts have suggested that policy makers may need to pay more attention to broad measures of inflation that include food and energy, given recent persistence of gains in these prices.




However, Bernanke appeared to firmly endorse the Fed's long-standing practice of focusing more heavily on core price measures in setting monetary policy.


Read more at Reuters.com Business News

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