Bernanke says more rate rises 'may' be necessary

Ben Bernanke told Congress on Wednesday 15 February that more US rate hikes "may" be necessary as the threat of higher inflation persists despite a year-and-a-half of steady tightening.

Bernanke's comments dove-tail with the FOMC's last statement which said "some further policy firming may be needed" and was made a day before Bernanke became chairman.

Bernanke said higher energy prices could still affect the wider price inflation picture and there is a risk that "output could overshoot," putting

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

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 individual account