Bernanke muses on future of inflation targeting

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Ben Bernanke, chairman of the US Federal Reserve, on Tuesday discussed the merits of central bank transparency and reflected on the future of inflation targeting.

Speaking at the Federal Reserve Bank of Boston 56th Economic Conference, in Boston, Massachusetts, Bernanke discussed the effects of the so-called Great Recession on central bank doctrine and practice.

"The crisis has already influenced the theory and practice of modern central banking and no doubt will continue to do so," he said

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