Plosser Says Rate Hike is Inevitable Even whether Housing Prices Continue to Fall

Speaking in a Bloomberg Television interview, noted
hawk
Philadelphia Federal Reserve President Chuck
Plosser
said the Fed may have to hike rates even as housing
prices continue to fall.

Plosser commented that the economy has not changed much in the final
few months and that

rising prices pose the biggest challenge to the
economy. Plosser famous that…

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Original post by Mortgage News Daily - Mortgage And Real Estate News

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