Tag Archive for President Charles

Fed Presidents Clash Over Need to Provide More Stimulus – Bloomberg

Federal Reserve regional bank presidents voiced opposing views over whether the central bank should step up record accommodation following the lowest monthly increase in U.S. payrolls in a year. Chicago Fed President Charles Evans said in a speech in New York yesterday that “soft” U.S. economic data call for “extremely strong accommodation,” while Richard Fisher…

Plosser Says Rates Should Rise Before 2014 FOMC Target Date

Philly Fed President Charles Plosser said in a speech in San Diego: “You may know that I dissented from the FOMC decisions in August and September because it was not clear to me that increasing monetary policy accommodation was appropriate then. After all, inflation was higher and unemployment was lower relative to the previous year,…