The Traderszone Network

Published in TZ Latest News 6 September, 2014 by The TZ Newswire Staff

Plosser, Fed’s lone dissenter, warns again on risks of waiting to hike rates

Charles Plosser, president of the Philadelphia Federal Reserve Bank and the loan dissenter at the Fed’s July policy meeting, on Saturday continued his push for the U.S. Plosser, who is known for his longstanding warnings about potential inflation, said the Fed’s steady, accommodative language had fallen out of step with a strengthening economy.

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