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
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