Bernanke Is Pressed on Inflation at His First Ever Press Conference
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
Chairman Bernanke, peppered at his first press conference with questions focusing on inflation, attempted to explain how the Fed’s extremely accommodative policy squares with its twin mandates of maximum employment and stable prices, and ended up seeming to contradict himself.
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