Charles Plosser
Fed’s new framework splits opinion
Former Fed staff offer mixed reactions to AIT; most call for more refined communication

Fed set to adopt ‘elements’ of price-level targeting
Covid-19 could act as a catalyst for Yellen-backed move to adopt elements of price-level targeting
Plosser lays out four principles of sound central banking
He advocates clear objectives, systematic rules, open communication and stable independence

Philadelphia Fed names Patrick Harker president
Background includes academic posts and a spell on the Philadelphia Fed board
Plosser and Conti-Brown debate Fed governance reforms
Peter Conti-Brown presents his paper before Charles Plosser responds
Fed officials see ‘audit’ bill as threat to independence
Bill could expose monetary policy decisions to political interference
Plosser: Regular monetary reports would force FOMC to ‘think more deeply’
Philadelphia Fed publishes ‘special report’ on the topic
Plosser: central bankers should take ‘great care' in changing view on neutral interest rate
Distinguishing transitory from permanent changes in growth and interest rates is ‘tricky task'
Plosser wants Fed to follow ‘rule-like’ monetary policy
Philadelphia Fed president advocates constrained discretion
Philadelphia Fed president Charles Plosser to retire
Vocal critic of unconventional monetary policies to leave FOMC in March 2015
FOMC to raise rates before shrinking balance sheet
FOMC unveils principles for policy ‘normalisation' as calls for rate hike grow louder
Philadelphia Fed's Plosser fears ‘risky' FOMC strategy on interest rates
Plosser does not want to delay rate hike until job market has ‘completely healed'
Fed's Plosser dissents over unchanged forward guidance in face of US 'rebound'
Philadelphia president's vote marks first hawkish dissent of Yellen era
Plosser: Fed should be stripped of dual mandate
Philadelphia Fed president calls for tighter limits on Fed power
FOMC should be more explicit about its reaction function, says Plosser
Philadelphia Fed president discusses forward guidance at Council on Foreign Relations
Philadelphia Fed president calls for 'simpler' regulatory mechanisms
FOMC member wants to make it easier for market participants to gauge regulatory behaviour
FOMC members discuss international spillovers of Fed monetary policy
The Fed's responsibility is to get the US economy back on course, say Plosser and Fisher
Fed's Plosser wants to end asset purchases by summer
Philadelphia Fed president and FOMC member who voted for the Fed's ‘measured' $10bn taper in January reiterates earlier calls to scale back QE at ‘faster pace'
US Fed heads debate slow growth ‘riddle'
Presidents of four regional reserve banks at odds over whether weak trajectory in wake of the financial crisis is inherently structural or cyclical
Fed presidents weigh in on QE as job numbers improve, debt ceiling showdown looms
Five of 12 regional Fed presidents have staked out their positions on bank's asset purchases in recent days as FOMC gears up for next meeting on December 17
Fed’s Powell insists FOMC communication remains credible
Jerome Powell defends forward guidance on asset purchases after fellow FOMC member Plosser says September decision undermined its credibility; Eric Rosengren lays out communication challenges
Chorus for Fed taper grows louder
Sandra Pianalto dismisses concerns over labour force participation and argues economic data was and is strong enough to warrant taper; Charles Plosser says Fed has damaged its credibility
Fisher: Fed has its finger on taper trigger
Dallas Fed’s Fisher says the FOMC is nearing ‘execution mode’ on the back of improving employment figures; Philadelphia Fed’s Plosser wants ‘brighter line’ between monetary and fiscal policy
Fed's Plosser calls for more systematic monetary policy approach
Federal Reserve Bank of Philadelphia president Charles Plosser is bullish on the US labour market, calls for QE wind-down