Plosser Says Weaker Data Don’t Yet Justify More Fed Stimulus
July 26, 2010
Shared by Henry
Once again, its comment like this that keeps the market on its toes. No one knows where the market is going with USD, and this is exactly the way Feds like it.
Federal Reserve Bank of Philadelphia President Charles Plosser said it’s too soon for the Fed to bolster record U.S. monetary stimulus in response to slower- than-forecast gains in economic growth and employment.
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Charles Plosser,
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Federal Reserve Bank Of Philadelphia,
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Stimulus,
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