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Federal Reserve’s Bernanke Promises To Be More Open About U.S. Economy

After injecting $600 billion into the U.S. economy and keeping interest rates locked, U.S. Federal Reserve’s Ben Bernanke says inflation would only be temporary after he said the economy shows signs of improving today in a news conference.

He plans to increase the transparency of Federal Reserve open market activities designed to keep the U.S. economy from overheating.

Critics argue the latest round of bond purchasing will only aid inflation to the still collapsing dollar around the globe.

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