Bernanke talks like a man

Will he walk like a man?

Fed Chairman Bernanke said core inflation is still "uncomfortably high" and warned it would be "especially troublesome" if inflation doesn't moderate as he and other officials expect. While Bernanke's forecast remains for a moderation in economic activity and inflation in coming months, his comments suggest theFed isn't as prepared to lower rates as financial markets expect.
I still think Bernanke will buckle and try to bail out the housing market. But I would have great respect for the man if he surprised me and actually fought inflation.

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