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Plosser Says Fed Must Defend 2% Explicit Target for Inflation
Bloomberg Federal Reserve Bank of Philadelphia President Charles Plosser said the central bank should take the steps necessary to ensure inflation stays near its goal of 2 percent. “It is important that the Fed credibly commit to defending that target either on the upside … Fed's Plosser: how to unwind balance sheet a "real" concern Financial stability should not be monetary policy goal: Plosser Fed's Plosser: Fed Has Strong Interest In Price Stability |