WASHINGTON (Reuters) - U.S. President George W. Bush is concerned about the impact of high prices on Americans, the White House said on Wednesday after the government reported the biggest jump in consumer prices in 26 years.
"The president is very concerned about the impact high prices are having on Americans, especially those who are on lower incomes," White House spokeswoman Dana Perino. told reporters.
"We have confidence in (Federal Reserve) Chairman (Ben)Bernanke's commitment to both economic growth and keeping inflation in check," she said.
(Reporting by Jeremy Pelofsky; Editing by Theodore d'Afflisio)
Copyright © 2008 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.