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Charles Plosser

The Fed Moves the Goal Line

Michael Farr | Posted 05.20.2014 | Business
Michael Farr

I believe that the Fed has overreached in its monetary policy not just in response to the latest crisis, but pretty consistently over the 15-20 years. In an effort to lessen the effects of (inevitable) economic downturns, the Fed (and other central banks) has caused extreme financial distortions and dislocations.

Federal Reserve Plans For Potential U.S. Default

Posted 09.19.2011 | Business

The Federal Reserve is actively preparing for the possibility that the United States could default as a deadline for raising the government's $14.3 tr...

Top Fed Official: We Can't Speed Up Labor Market Recovery

Posted 05.25.2011 | Business

WASHINGTON (By Emily Kaiser): Monetary policy cannot speed up labor market healing or prevent asset price bubbles, and counting on it to do so may do ...

Shahien Nasiripour

Charles Plosser, Philadelphia Fed Chief, Criticizes Financial Reform Bills, Says They Don't End 'Too Big To Fail'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

A top Federal Reserve official reiterated his call Wednesday for a tougher approach to ending Too Big To Fail, arguing that the current pending legisl...

Shahien Nasiripour

ANOTHER Fed Official Says Senate Bill Doesn't End 'Too Big To Fail'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The Senate financial reform bill serving as the base text for Congressional negotiations doesn't end the perception that the nation's largest financia...

Bernanke's Confirmation Hearing: Questions Senators Should Ask The Fed Chairman

Posted 05.25.2011 | Business

The Senate Banking Committee will be chatting with Ben Bernanke this Thursday to vote on his reappointment. Demand that the Committee ask the followi...

Fed Regional Bank Heads: Congress Threatening Central Bank's Autonomy

bloomberg.com | Scott Lanman | Posted 05.25.2011 | Business

Oct. 30 (Bloomberg) -- Federal Reserve regional bank presidents are trying to ward off congressional efforts to weaken their clout, saying the moves m...