Bernanke: Look for more rate hikes
New Fed chairman repeats Greenspan's message, tells Congress action needed to control inflation.
By Chris Isidore, CNNMoney.com senior writer
February 15, 2006: 1:56 PM EST
NEW YORK (CNNMoney.com) - New Federal Reserve Chairman Ben Bernanke told Congress Wednesday that he sees the need for more interest rate hikes in order to keep prices in check.
In his first appearance before Congress as head of the central bank, Bernanke said in prepared remarks that the economy is in danger of overheating and causing an
unacceptable increase in prices
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