Bernanke on `Premature Tightening,' Economic Risks

Bernanke on `Premature Tightening,' Economic Risks Play

May 22 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke says premature tightening of monetary policy "would also carry a substantial risk of slowing or ending the economic recovery and causing inflation to fall further." Bernanke testified before the Joint Economic Committee in Washington. (This is an excerpt from the hearing. Source: Bloomberg)

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