Fed says price pressures gain, growth slackens
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/ap/20080721/capt.bc2e9f36561640c4890d6971b86b5700.bernanke_disclosure_nybz127.jpg?x=130&y=91&q=85&sig=x6GXU7BA6efUeK3.cd9Dsg--" align="left" height="91" width="130" alt="In this July 16, 2008 file photo, Federal Reserve Chairman Ben Bernanke testifies before the House Financial Services Committee hearing on Capitol Hill in Washington. The chairman's financial disclosure form, released Monday, July 18, 2008, showed his holdings last year were in no-fills investments, including U.S. Treasury securities, Canadian Treasury bonds, mutual funds and annuities. (AP Photo/Susan Walsh, file)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080723/bs_nm/usa_fed_beigebook_dc)Reuters - The United States faced increasing
inflationary pressures in recent weeks amid slowing economic
growth, the Federal Reserve said on Wednesday, as it described
conditions in some areas as "grim," "morose" or "bleak."</p><br clear="all"/>
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