Fed’s Plosser Calls for a Reversal in Monetary Policy
Inflation in the U.S. is “too high” and inconsistent with the goals of
the Federal Reserve, whose accommodative policy must be
reversed, said Charles Plosser, President of the Philadelphia
Fed, on Tuesday.
Plosser, a well-known inflation peddle, said monetary
policy is too loose and the Fed will
before an profitable turnaround has taken place.
Original post by Mortgage News Daily - Mortgage And Real Estate News
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