Democrats may oppose Bernanke's inflation target

According to this article published Thursday 9 November by Bloomberg, it may become harder for Federal Reserve chairman Ben Bernanke to establish an inflation target now that Democrats have control of the U.S. Congress.

It says Democrats are likely to give Bernanke a tougher time than the Republicans on inflation targets, with support hard to come by.

"Bernanke has argued that a target would help cement the Fed's credibility as an inflation-fighter and make it easier to manage the economy. If he's

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