Further dispute among Fed presidents

federal reserve

The presidents of the Federal Reserve banks of Chicago, Philadelphia and San Francisco have added their voices to the increasingly divisive debate over the Federal Open Market Committee's (FOMC's) monetary policy.

Chicago Fed president Charles Evans and San Francisco Fed president John Williams both broadly defended the ongoing accommodative stance of monetary policy, while Philadelphia Fed president Charles Plosser branded the low federal funds rate ineffectual.

Their comments follow critical

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: