In Wake Of QE Taper, Fed's Plosser Dusts Off Inflation Warning - Presented by: The Aol. On Network

A top U.S. central banker said on Friday that the Federal Reserve faces "immense" challenges now that it has reduced bond-buying, and needs to be cognizant of a rapid rise in future inflation. Philadelphia Fed President Charles Plosser, a voter on monetary policy this year, said the central bank's balance sheet is still growing at "a fairly rapid clip" despite the $10-billion reduction in monthly asset purchases, which started this month.



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
BAC $ 16.11 0.18 ▲ 1.13%
AAPL $ 128.95 3.80 ▲ 3.04%
AA $ 14.15 0.73 ▲ 5.44%
CHK $ 16.54 0.77 ▲ 4.88%
TWTR $ 37.84 1.12 ▼ 2.87%
MSFT $ 48.655 0.02 ▲ 0.03%
NOK $ 6.50 0.08 ▼ 1.22%
VALE $ 8.07 0.39 ▲ 5.08%

As of 5/1/2015, 04:15 PM