Fed chief sees high energy prices as drain on economy by Barbara Hagenbaugh
Bernanke's opinion on energy prices is important. If he and his Fed colleagues view the run-up in energy prices as a drain on the economy, not as an inflation spark, policymakers could lean toward holding interest rates steady in a bid to support the economy rather than raising them to curb inflation.
posted by SARTRE @ 4/19/2006 06:26:00 AM
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