Bloomberg News

Bernanke Says Fed ‘Very Interested in Inflation Expectations’

September 28, 2011

Sept. 28 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said the central bank is “very interested in inflation expectations,” which tend to influence actual price movements.

Inflation expectations now are “broadly consistent with 2 percent inflation,” Bernanke said in response to a question after a speech today in Cleveland.

“If inflation falls too low, that’s something we have to respond to,” he said.

--Editors: James Tyson, Kevin Costelloe

To contact the reporter on this story: Vivien Lou Chen in San Francisco at vchen1@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net


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