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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Tommaso who wrote (21737)	1/19/2005 10:56:32 AM
From: mishedlo	Read Replies (1) of 116555

Bernanke: Inflation risks not greater than 6 months ago Wednesday, January 19, 2005 3:14:09 PM afxpress.com NEW YORK (AFX) -- Inflation risks in the U.S. economy remain well under control and haven't risen in the past six months, said Federal Reserve board governor Ben Bernanke. "I don't think inflation risks are greater today than they were six months ago," Bernanke told reporters after a speech Wednesday. Economic growth in the fourth quarter was not as robust as had been expected, he said, in large part because of the worsening current account deficit. This year, the economy should grow around a 3.5 percent annual rate, although there are risks from weak global demand and oil prices, he said

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