Thursday, February 15, 2007

Bernanke's comfortable, but he says inflation risks remain (Weigth watchers)

WASHINGTON (MarketWatch) -- Fed chief Ben Bernanke said Wednesday that the central bank is comfortable with rates at their current levels but stressed that further rate hikes would come if the inflation outlook worsens.
THE Australian share market's benchmark S&P/ASX200 index has hit the 6000-point mark for the first time.
_ A Kyodo News poll of 21 financial market watchers has found that nine, or 43 percent, of them expect the Bank of Japan to decide to raise interest rates at its monetary policy meeting next Tuesday and Wednesday.