Trade Correspondent, Washington DC, USA
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Nov 14, 2013
Nov 14, 2013

Fed’s Plosser calls for single mandate for U.S. central bank

WASHINGTON (Reuters) – The U.S. Federal Reserve’s mandate should be overhauled to focus primarily on price stability and it should have strict limits on its operations to improve the working of monetary policy, a top Fed official said on Thursday.

Charles Plosser, president of the Philadelphia Fed, said the U.S. public had come to expect too much of the central bank after policymakers expanded their tools to deal with the financial crisis and its aftermath.

Oct 30, 2013
Oct 30, 2013
Oct 18, 2013
Oct 17, 2013
Oct 17, 2013
Oct 11, 2013

G20 hopes grow for U.S. deal to avert default

WASHINGTON (Reuters) – Top finance officials from the G20 leading economies looked set to keep their focus on the receding risk of a U.S. default at talks on Friday as hopes grew that Washington could soon clinch a stop-gap deal to ensure it can keep paying its bills.

Officials from across the Group of 20 nations had warned that a failure by the U.S. Congress to raise the nation’s $16.7 trillion debt ceiling would wreak havoc on the global economy.

Oct 4, 2013
Oct 4, 2013
    • About Krista

      "I write about trade from Washington DC, where I moved in August 2013. IN nine years with Reuters, I have written about the Latin American economy from Mexico City and European Central Bank from Frankfurt. In a previous life, I worked in Australia and covered the economy and national politics for local news agency AAP."
      Hometown:
      Melbourne, Australia
      Joined Reuters:
      2004
      Languages:
      English, German, Spanish, Portuguese
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