Federal Reserve Chairman Ben Bernanke said Tuesday that policy-makers at the U.S. central bank are confident they can withdraw the enormous liquidity they have pumped into the economy in time to forestall inflation.

"I can assure you that monetary policy-makers are fully committed to acting as needed to withdraw on a timely basis the extraordinary support now being provided to the economy, and we are confidence in our ability to do so," Bernanke said in remarks prepared for delivery at Morehouse College in Atlanta. (Reuters)