Bernanke: The Rising Trend Of Inflation Has Not Become Deep-Rooted.

Federal Reserve Chairman Ben Bernanke (Ben Bernanke) said on Thursday that he was not worried earlier this year.

Bernanke pointed out that the sharp rise in inflation earlier this year was partly supported by rising gasoline and grain prices, but "inflation is expected to decline in the next few quarters, because the temporary effects will be weakened".

Bernanke also said that at the next monetary policy conference scheduled for later this month, the Fed chairman will discuss what tools the bank can use to boost the economic recovery process and make preparations for using these tools when necessary.

He said the Fed governor is "ready to use these tools at a suitable time to promote a stronger economic recovery process on the premise of price stability".

The Federal Open Market Committee (FOMC) is scheduled to hold its next policy meeting in September 20th and 21st.

As in a speech in Jackson, Wyoming, in August 26th, Bernanke also did not hint today what he believed the best option the Fed could use to support the US economy.

He said earlier that the Fed's available tools include extending the average maturity of US $1 trillion and 650 billion debt portfolio and buying more government bonds.

Bernanke also said Congress supported finance.

Although Bernanke believes that Congress and US President Barack Obama (Barack Obama) must return the federal government's financial position back to the "sustainable track" in the long run, he warned at the same time that policymakers should not "ignore the fragility of the economic recovery process".

Since the report released by the US government last week showed that the growth rate of employment has stagnated in August, today's speech is Bernanke's first speech on the state of the US economy.

According to the non farm employment report released by the US labor department, the number of US employment in August has not been able to achieve any growth, the worst in nearly a year, and the unemployment rate remains at 9.1%.

According to the forecasts made by economists at WFC, Barclays Capital and T. Rowe Price Associates Inc, the Federal Reserve will decide whether to use short-term us at the September policy meeting.