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12/23/2024 02:56:43 am

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Philadelphia Federal Reserve

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Philadelphia Federal Reserve President Charles Plosser Retires Next Year

President of the Philadelphia Federal Reserve Bank, Charles Plosser, will be retiring from his post next year. Known as one of the sharpest internal critics of the central bank’s loose monetary policy, Plosser’s retirement could possibly alleviate pressure to increase interest rates more quickly.

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