When to Raise Rates?
July 12, 2014 at 18:07 PM EDT
In an interview on Bloomberg TV’s “Market Makers” with Mike McKee, Philadelphia Fed President Charles Plosser said the Fed is getting closer to its objectives for full employment and price stability. He said, “The data keeps telling us we ought to be raising rates” and that “If we wait too long, we could find ourselves […] View the full post at: When to Raise Rates? Related posts: Mortgage Rates Holding Below 5%, Inflation Will Be Low Current Account Imbalances and Exchange Rates We Need More Inflation Because We Need More AD