Fed's Ben Bernanke on the economic outlook

In a speech on 'The Economic Outlook' given on 4 September Ben Bernanke of the Federal Reserve said the Fed had "no reason" to raise short-term interest rates so long as price pressures remained at bay. "In my view, the Federal Open Market Committee has little reason to undertake significant tightening so long as inflation remains low and promises to remain subdued, as it does today," he said.

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