By Robin Harding andJames Politi in Washington
Ben Bernanke, Federal Reserve chairman, said the US central bank would remain vigilant over inflation, as he declared in a historic first press conference that a strong dollar was in the best interests of the US and the global economy.
Mr Bernanke’s comments came after the Federal Open Market Committee, which sets interest rates, confirmed that the US will complete its $600bn “QE2” programme of asset purchases in June as planned, and revised its outlook to reflect slower growth, higher inflation, and lower joblessness in 2011.
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