US Treasury's Snow says no worry on inflation

US Treasury Secretary John Snow said on Monday he was not concerned about the potential for rising prices and interest rates, saying the economy had lots of room to grow without inflation.

"The economy seems to be on a good course ... and we have a lot headroom in front of us for noninflationary growth," Snow told a luncheon sponsored by the Independent Community Bankers of America.

"It's interesting how quickly things turn," he said, adding that until recently he repeatedly faced questions over

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