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 WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke and his colleagues are still worried about inflation, even while hinting that an interest rate cut may be needed to help boost a weak economy.
That suggestion of a change in thinking on interest rates was contained Wednesday in the Fed's latest statement on the economy. Although the Fed made just a slight change in wording from previous statements, it was enough to trigger celebrations on Wall Street.
Investors pushed stocks higher on the belief that the central bank was getting ready to rescue the faltering economy by cutting interest rates.
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