Tuesday, June 5, 2007

Inflation to ebb but risks remain: Bernanke

(Reuters) - Weakness in the housing sector is likely to restrain economic growth for longer than expected, Bernanke said.




"The adjustment in the housing sector is still ongoing, and the slowdown in residential construction now appears likely to remain a drag on economic growth for somewhat longer than previously expected," he said.


Read more at Reuters.com Bonds News

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