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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: Kenneth E. Phillipps who wrote (72328)7/17/2006 6:46:01 AM
From: puborectalis  Read Replies (1) of 173976
 
July 17 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke may deliver his fellow Republicans a message they'd rather not hear when he gives Congress his monetary-policy report this week: The economy is slowing and inflation remains a risk.

President George W. Bush and his Republican colleagues, trailing in the opinion polls, are counting on the strength of the economy to help them retain control of Congress in the November elections. A slowing economy -- in response to repeated Fed interest-rate increases -- will undercut that campaign theme.
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