U.S. Federal Reserve Chairman Ben Bernanke speaks at a joint Economic Committee hearing on Capitol Hill in Washington, November 8, 2007. REUTERS/Kevin Lamarque
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U.S. Federal Reserve Chairman Ben Bernanke speaks at a joint Economic Committee hearing on Capitol Hill in Washington, November 8, 2007. While the economy has been "resilient in recent months," policy makers at the Federal Reserve do not see that such performance is likely to be sustained in the near term, as inflationary pressure increases, Federal Reserve Chairman Ben Bernanke said Thursday. REUTERS/Kevin Lamarque