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But with oil prices having tumbled by more than half to around $70 a barrel and with other commodity prices being sharply lower, King acknowledged inflation was much less of a concern.
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The SEC's report does acknowledge inflation-adjusted caps would "shrink the accredited investor pool considerably" and proposes additional income-based conditions to mitigate the effect.
Mr. King acknowledged that inflation had not slowed as much as the central bank had hoped, making recovery more difficult.
But the shares have lost nearly $5 since June 17, when the company first acknowledged the inflation of circulation figures.
He acknowledged that inflation might be a problem, but he hoped to keep it down by subsidies on basic commodities — rice, bread, sugar, tea.
He acknowledged that inflation might be a problem, but he hoped to keep it down by subsidies on basic commodities rice, bread, sugar, tea.
He acknowledged that inflation was likely to exceed 3% for a while, but said it should return to the target in due course, not least since monetary growth despite quantitative easing was "undesirably low".
Although it acknowledged that inflation figures have improved "modestly", it kept its hawkish bias.Meanwhile, Wall Street is gradually getting used to the style of the Bernanke Fed, which seems to be more democratic than the Greenspan model.
On Wednesday, Mr. Bernanke carefully acknowledged that inflation had accelerated in recent months and would make the Fed's job much more difficult if it became ingrained in public expectations.
Over the weekend, though, he acknowledged that inflation for February alone is likely to be 7percentt, up from 2.3percentt in January and only about 2percentt over the previous eight years.
Mr. Almunia acknowledged that inflation was biting hard in Europe because many incomes had not risen as much in the current economic upswing as in past expansions, amplifying a feeling of being squeezed.
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