More from Federal Reserve's Plosser via ForexLive

Charles Plosser, president of the Federal Reserve Bank of Philadelphia, was speaking in an interview on CNBC a little earlier, headlines from him are here: Fed's Plosser: Says he is concerned that monetary policy is not reacting to change in data

The Wall Street Journal have a recap of his comments up now in (ungated) article: Fed's Plosser Warns Very-Easy Money Policy Increasingly Risky

• He said that the U.S. central bank's expectation of maintaining its near-zero-percent interest rate stance well into the future is “risky policy.”
• And he remains uncomfortable with the central bank telling markets and others that it will carry on with its very easy money policy well into the future

The interview was done at Jackson Hole.

Reuters too: Fed's Plosser warns against waiting too long to hike rates

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Did you know there is a football team in Australia dubbed the “Hawks”? No-one named Plosser plays for them. Gotta fix that.

posted via ForexLive