San Fransisco Chronicle (Free subscription) | 07/22/2008
Treasury prices dropped Tuesday as Federal Reserve Bank of Philadelphia President Charles Plosser said the central bank will need to boost interest rates "sooner rather than later" to fend off inflation. Plosser, who is a voting member of the Fed's rate-...
The Washington Times (Free subscription) | 07/22/2008
Treasury prices dropped Tuesday as Federal Reserve Bank of Philadelphia President Charles Plosser said the central bank will need to boost interest rates "sooner rather than later" to fend off inflation.
The Earth Times Online Newspaper (Free subscription) | 07/22/2008
KING OF PRUSSIA, Penn. (Reuters) - Monetary policy is in a tight spot as policy-makers need to look at the economy going forward while making sure that inflationary expectations stay in check, Philadelphia Federal Reserve President Charles Plosser said on Tuesday.
Real Time Economics (Free subscription) | 07/22/2008
Philadelphia Fed President Charles Plosser expressed concerns about inflation in a speech prepared for delivery before the Philadelphia Business Journal Book of Lists Power Breakfast . Plosser, who is currently a voting member of the interest-rate-setting Federal Open Market Committee, has dissented from two rate cuts this year, but agreed with the majority last month [...]
