CNN |
Plosser Warns Fed Shouldn't Try to Offset Potential GDP Loss (1)
Businessweek Federal Reserve Bank of Philadelphia President Charles Plosser, an opponent of bond purchases by the Fed, said policy makers shouldn't try to make up for a permanent loss in potential growth caused by the financial crisis. “Efforts to use monetary policy to … Fed's Plosser at odds with policy approach favored by Yellen Fed Cognizant of Bubble Risks, Plosser Says Bernanke: 2014 could be better year for U.S. economy |