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Fed's Bernanke on the economic outlook

In the speech 'The economic outlook' given on 8 March Ben Bernanke of the Federal Reserve said the US economy was off to a solid start this year and that core inflation should stay in a zone that allows the Fed to raise interest rates at a "measured" pace.

"With the economy strengthening, with inflation stable and with the federal funds rate still at a relatively low level, at this point my expectation is that the FOMC will continue to remove policy accommodation in a measured way," Bernanke said

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