Correspondent, Chicago
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Sep 24, 2014
Sep 24, 2014
Sep 24, 2014

Fed’s George wants to raise U.S. rates soon, gradually

, Sept 23 (Reuters) – The U.S. Federal Reserve
should begin raising rates soon or risk stoking future inflation
and further distorting financial markets where too many
investors are already taking excessive risks, a top Fed official
said on Tuesday.

But it should also do so gradually so as not to roil markets
or hurt the economy, Kansas City Federal Reserve President
Esther George said.

Sep 23, 2014
Sep 23, 2014
Sep 23, 2014
Sep 22, 2014

Plosser, hawkish chief of Philadelphia Fed, to retire in March

By Ann Saphir

(Reuters) – Philadelphia Federal Reserve Bank President Charles Plosser, whose vocal discomfort with the U.S. central bank’s super-easy monetary policy marks him as one of its hawkish policymakers, will retire on March 1, 2015, the regional Fed bank said on Monday.

Plosser, 66, has dissented on policy decisions half a dozen times during his eight-year stint at the Fed, often charging that the looser monetary policy his colleagues support could spark future inflation and flies in the face of established monetary policy rules.

Sep 18, 2014
Sep 18, 2014
Sep 18, 2014
    • About Ann

      "Coverage includes Federal Reserve regional banks, U.S. monetary policy, interest-rate futures markets, and financial exchanges and clearinghouses serving the derivatives marketplace, including CME Group."
      Joined Reuters:
      2010
      Languages:
      English, Japanese
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