Federal Reserve's Plosser: Central Banks Must Uphold Currency Purchase Power - DJ
Federal Reserve's Plosser: Central Banks Must Uphold Currency Purchase Power, In US, Ctrl Bank Also Must Support Economic Growth, Price Stability Promotes Sustainable Growth, 'Rising Inflation' A Concern Lately, Fed Funds Rate 'Now Negative' In Real Terms, Fed's Rate Cuts Should Foster Long-term Growth, Turbulence Makes Economic Forecasting Difficult, Monetary Policy Works 'With A Lag', Monetary Policy 'Can't Solve All The Problems' - Dow Jones
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