Joined Nov 11, 2007
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Bernanke May Cut Rates To Avoid Deflation

“It is something that we’re going to be watching very carefully,” Bernanke said in response to questions from the audience at a forum sponsored by the Cleveland Fed.

“If inflation falls too low or inflation expectations fall too low, that would be something we have to respond to because we do not want deflation,” Bernanke said.

Rates are not low enough 

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