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The chairman of the U.S. Federal Reserve Ben Bernanke said the financial crisis that  U.S. and high inflation, damage economy and put a serious test before the central bank in its attempts to restore stability in the market. This happened during lastday of Bernanke speech before the heads of leading central banks in the world who have collected at its annual meeting in the United States.

“Although you see some improvement in the functioning of some markets, the financial storm, which reached a significant force at this time last year is not yet utihnala and effects for most of the economy are starting to appear in the form of low economic activity and growing unemployment, “Bernanke said, cited by the API.

Welcoming step back in the price of oil and other raw materials from recent weeks, Bernanke expressed his view that inflation will begin to slow during this and next year. However, inflation expectations remain highly unstable, warned the chief of the Fed.

This makes the central bank to monitor the situation for quite close and be ready to “act as necessary” to prevent the release of inflation beyond control. These words of the head of the Fed zatvardiha expectations that the interest rate the U.S. will not be reduced and will remain unchanged until the end of the year. There is even expected to increase interest, which proved to support the U.S. dollar for several hours and he almost erase its losses since the beginning of the week.

After all week in exchange rate markets end on euro / dollar from 1,4791 EUR / USD, once on Thursday otstaplenieto the dollar led to levels of 1,4897 EUR / USD. Thus, green money celebrated its first weekly decline against the single currency for the last six weeks, losing 0.7 percent of its value.