Bernanke may have to clarify last week's statement

03/28/2007 | Financial Times (free content)

Federal Reserve Chairman Ben S. Bernanke will get pressure today when he testifies before the Joint Economic Committee of Congress to explain the Fed's position on the economy and inflation. Some industry watchers said the Fed's policy statements last week signaled an upcoming cut in interest rates while others claimed a rate increase was in the future.

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