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Bernanke says inflation means no QE3

Bernanke says inflation means no QE3 (by Steve Goldstein)

WASHINGTON (MarketWatch) -- Federal Reserve Chairman Ben Bernanke spoke against the possibility of a third round of quantitative easing, saying the trade-offs are "less attractive at this point." He said inflation has got higher and inflation expectations are a bit higher, so it's not clear that there can be "substantial" improvement in payrolls without some additional inflation risk. To get "lots of job growth, we have to keep inflation under control."

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Bernanke says inflation means no QE3