CHINA TOPIX

05/10/2024 04:13:55 pm

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charles plosser

New York Stock Exchange

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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