From the daily email from the Wall Street Journal:
Last week, Federal Reserve Chairman Ben Bernanke said in a speech that he remained worried about inflation, that risks to prices were tilted mainly toward the upside, and tight labor markets especially have the potential to drive prices higher even as the economy gets roughed up by the deteriorating home market and a tough patch for the auto industry. It was thus a relief to the markets to hear that labor inflation is being stuffed back into a cage, and stock futures bounded higher this morning on the news.
