Comment: Bernanke hits the ground running

- Central Banking staff
- 15 Nov 2005

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While arguing that he will take his time in building the case for an inflation-targetting Fed, Ben Bernanke's remarks during his confirmation hearing yesterday before the US Senate Banking Committee made clear that he remains a proponent of the framework.

As could be expected, Bernanke yesterday trod a cautious path - stressing the need for continuity, reaffirming his belief in the Fed's dual mandate and pledging independence "of all political influences". But he did not mince his words on the

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