Bernanke defends Fed action, rejects inflation fears

Name: Bernanke defends Fed action, rejects inflation fears
Uploaded: 2011-02-09T21:30:56+00:00
Duration: 1 min 6 s
Channel: AFP English
Description: Federal Reserve Chairman Ben Bernanke fended off criticism that he is ignoring the risk of rising prices Wednesday, as he faced a skeptical Republican-controlled panel in Congress. Bernanke also rejected that the United States faced an inflation risk, and urged policymakers to focus on reducing the swelling US budget deficit.Duration: 01:06

AFP English

Federal Reserve Chairman Ben Bernanke fended off criticism that he is ignoring the risk of rising prices Wednesday, as he faced a skeptical Republican-controlled panel in Congress. Bernanke also rejected that the United States faced an inflation risk, and urged policymakers to focus on reducing the swelling US budget deficit.Duration: 01:06

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