Bernanke sees 'small' impact from oil prices

Top White House economic adviser Ben Bernanke said on Tuesday 27 September that high energy prices are a burden on households and could ultimately restrain economic growth but so far the impact has been modest.

"The U.S. economy is in the midst of a strong and sustainable economic expansion," Ben Bernanke, chairman of the President's Council of Economic Advisers, said in remarks prepared for the National Association for Business Economics annual meeting.

"The resilience of the economy ... is he