Photo: #Federal Reserve Chairman Ben Bernanke speaks to the Economic Club of New York at the Grand Hyatt on March 20, 2006 in New York City.

Looking for a soft landing

Broadcast: Midmorning, 08/09/2006, 9:06 a.m.

The Federal Reserve left interest rates alone, marking the first time in months the rate-setting committee has not set rates higher. Economists watch the Fed's actions, looking for clues as to whether inflation is a threat to the U.S. economy.

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with Bob Collins