Mixed message from Bernanke

Testimony today from Ben Bernanke, the chairman of the Federal Reserve, before the House of Representatives Committee on Financial Services gave a somewhat mixed message as he predicted that while he expects economic growth to pick up slightly next year and inflation to fall gradually, but also noted that he expects the housing and construction slump to continue affecting growth.

The dollar dropped against the yen and the euro after the Fed lowered its February forecast of fourth-quarter growth

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