» Quick Fed note: Bernanke: Willing accept more inflation with un. rate so high? Decision Economics

Quick Fed note: Bernanke: Willing accept more inflation with un. rate so high?

Posted February 29, 2012 by Editor

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DE: assessment:  While Fed chairman Bernanke did not seem to break new ground, once again presenting a cautious outlook from last month, his seeming acceptance of higher inflation in the last paragraph promoted a mild sell-off as investors took some recent profits.  Investors are right that until the economy is stronger, the Fed is willing to “accept” more inflation, even though their “goal” is not inflation above the 2% target.

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