Charles Plosser
Recovery to begin in 2009 - Philadelphia's Plosser
President of the Philadelphia Fed Charles Plosser sees the economy starting to slowly recover in the second half of 2009.
Fed's Plosser on crisis measures
Charles Plosser, the president of the Federal Reserve Bank of Philadelphia, discusses the Fed's dramatic departures from textbook central banking during the crisis.
Fed hawk Fisher softens stance
Richard Fisher, the president of the Dallas Federal Reserve and the lone dissenter on the last two Federal Open Market Committee (FOMC) votes, has acknowledged that slowing growth and a slump in commodity prices may stem inflation.
Inflation too high - Fed's Plosser
Inflation is already too high and inconsistent with the Federal Reserve's goal of price stability, said Charles Plosser, the president of the Federal Reserve Bank of Philadelphia.
Investment banks must face same rules: Geithner
Timothy Geithner, the president of the New York Federal Reserve who played a key role in the Bear Stearns bailout, has said the major investment banks must be regulated in the same way as their commercial peers.
Fed cuts to 2%
The Federal Open Market Committee (FOMC) lowered rates by a quarter point on Wednesday.
Fed's Plosser on the benefits of education
Education is critical to the long-run well-being of our economy and everyone who participates in it, said Charles Plosser, the president of the Philadelphia Federal Reserve.
Fed dissenter warns against "inflation remedy"
Richard Fisher, the president of the Dallas Federal Reserve and a voting member of the Federal Open Market Committee (FOMC), has said that he remains strongly reluctant to cut rates.
Fed opts for 75 basis-point cut
The Federal Open Market Committee (FOMC) on Wednesday 18 March voted to slash rates by three quarters of a percentage point to 2.25%.
Simply the best for policy, says Fed's Plosser
Simple rate-setting rules based on publicly observable information are the best to use, said Charles Plosser, the president of the Philadelphia Federal Reserve.
Fed's Plosser on the limits of monetary policy
Monetary policy is not the solution to all economic ills, said Charles Plosser, the president of the Philadelphia Federal Reserve.
Should rate policy note Wall Street's influence?
Reflecting on the Federal Reserve's recent decisions, Stephen Cecchetti, the Rosenberg professor of global finance at the Brandeis International Business School, asks whether it is wise to separate actions to ensure financial stability from those to aid…
Fed's Plosser stays hawkish on rates
Charles Plosser, the president of the Philadelphia Federal Reserve and a voting member of the rate-setting Federal Open Market Committee (FOMC), hinted that he would back a rate hold when the committee meets later this month.
FOMC members disagree on risks to growth
Stock markets around the world rose sharply on Wednesday after Donald Kohn, the vice chairman of the Federal Reserve, suggested that the Federal Open Market Committee (FOMC) would cut rates in December. Kohn's comments differ sharply from those made by…
Fed's Plosser on housing and monetary policy
The recent reversal of the boom in housing activity and house prices in the United States has contributed to a slowdown in economic growth, says Charles Plosser, the president of the Federal Reserve Bank of Philadelphia, in this speech. But, he argues,…
Philadelphia Fed Annual Report 2006
The Federal Reserve Bank of Philadelphia's Annual Report 2006 tells the story behind the Bank's role in the largest consolidation of the Federal Reserve's check processing operations to date.
Plosser on price stability and social welfare
In the speech 'Price stability and social welfare' given on 16 April Charles Plosser of the Federal Reserve Bank of Philadelphia said although the Fed is much more transparent than at any time in its history, it is arguably less transparent than a number…
Plosser says committing to policy goal important
Federal Reserve Bank of Philadelphia president Charles Plosser said on Tuesday 10 April that committing to a policy goal and providing more information about the central bank's aims would help keep inflation expectations in check.
Philadelphia Fed's Plosser on the yield curve
In the speech 'What can we expect from the yield curve?' given on 23 March Charles Plosser of the Federal Reserve Bank of Philadelphia said the spread between yields on short- and long-dated government securities may remain narrow in the future due to…
Phil Fed's Plosser on credibility & commitment
In the speech 'Credibility and commitment' given on 6 March Charles Plosser of the Federal Reserve Bank of Philadelphia said that providing more information about the central bank's policy goals could help keep inflation expectations in check and give…
Philadelphia's Plosser on the economic outlook
In the speech 'The economic outlook: Prospects for 2007' given on 7 February Charles Plosser of the Federal Reserve Bank of Philadelphia said the central bank may need to raise its benchmark interest rate as recent stronger economic growth increases the…
Philly Fed's Plosser hints at rate rise
Casting an eye over the current economic climate in the US, the president of Philadelphia's Reserve Bank said there was some risk that policy is not yet firm enough for a return to price stability over a reasonable time horizon.
Fed's Plosser: economy, inflation, monetary policy
In the speech 'The economy, inflation, and monetary policy' given on 5 October Charles Plosser of the Federal Reserve Bank of Philadelphia said the newly installed president warned that the Fed may have to raise rates again.
Fed views on U.S. inflation targeting
This article from Reuters, published Wednesday 28 June, provides summaries of views voiced by Federal Reserve policy-makers on the merits of stated numerical inflation targets.