US Fed heads debate slow growth ‘riddle'

charles-plosser-2
Charles Plosser

Using monetary policy to offset "permanent shocks" to the economy is "ineffective and perhaps even counterproductive," Federal Reserve Bank of Philadelphia president Charles Plosser argued during a panel discussion on Saturday featuring several heads of regional US reserve banks.

The discussion, moderated by former Bank of Israel governor Stanley Fischer, who is now a leading candidate for the number two spot at the Fed under Janet Yellen, was a reminder of the conflicting views among policy-mak

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 indvidual account here: