Fed’s Plosser cautions against aggressive monetary policy loosening

charles-plosser-2

Federal Reserve Bank of Philadelphia president Charles Plosser said on March 29 that pursuing an "aggressively" accommodative monetary policy risks leading the Fed down a "very treacherous path".

Speaking to the Rotary Club in Wilmington, Delaware, Plosser highlighted the declining unemployment rate and increased inflation rate as reasons for his caution.

Due to these factors Plosser said further accommodative policy should not be anticipated. He also hinted that the Fed may be forced to act

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: