Bernanke: US inflation slowing, but risks remain

Federal Reserve Chairman Ben Bernanke says US core inflation "seems likely to moderate gradually over time", but there are "upside" risks to this forecast.

Speaking via satellite to a monetary policy conference in Cape Town, South Africa, Bernanke said that the American economy was set to grow sluggishly in the next months, but there are risks that higher levels of inflation excluding energy and food may not lessen.

Adjustments in the housing market are continuing, he noted, and the slowdown i

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: