Bernanke on Rising Gasoline Prices

Bernanke on Rising Gasoline Prices Play

Feb. 29 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said the central bank is "concerned" about rising gasoline prices because they can stoke inflation and reduce the buying power of consumers. He spoke in response to a question today in testimony to the House Financial Services Committee in Washington. (This is an excerpt from the hearing. Source: Bloomberg)

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