Bernanke dismisses higher inflation targets, unconvinced on conditional commitment


While the United States has turned a corner, the Federal Reserve remains concerned over the weakness of its economic recovery, Ben Bernanke, the chairman of the central bank's board of governors, said on Friday.

In remarks to the Kansas Fed's annual economic symposium in Jackson Hole, Wyoming, Bernanke pointed to persistent resource slack and worrying unemployment levels- concerns which have been amplified by weak labour market data published Thursday. "The prospect of high unemployment for a lo

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