1. QUOTE from:
    Plosser Says He's Ready to Raise Interest Rates Sooner Than Fed Colleagues
    View quote in context »
    That’s a very blunt instrument.” Plosser, who grew up in New York, said he would be caught in the middle should the New York Yankees join the Philadelphia Phillies in the World Series. "Certainly growing up my baseball hero was Mickey Mantle ... But I’ve learned Philly’s a great sports town. They are exciting teams, although frustrating at times." Full Article at Bloomberg.com
    Certainly growing up my baseball hero was Mickey Mantle ... But I’ve learned Philly’s a great sports town. They are exciting teams, although frustrating at times.
    SOURCE: Bloomberg.com 1 month ago
All quotes from:
Plosser Says He's Ready to Raise Interest Rates Sooner Than Fed Colleagues
  1. It’s a whole notion that ultimately monetary policy does work with a lag ... If you wait until inflation’s here, it’s too late, so you have to be forward looking.
    SOURCE: Bloomberg.com 1 month ago
  2. I think that’s very hard to do ... That’s a very slippery slope to go down. Every time there’s a bubble in an asset class someone’s going to be asking the Fed to change interest rates. That’s a very blunt instrument.
    SOURCE: Bloomberg.com 1 month ago
  3. We have to prepare ourselves for the eventuality that we will have to be raising rates before the unemployment rate gets down to where we want it to be.
    SOURCE: Bloomberg.com 1 month ago
  4. My instinct is the time for raising rates will be before many of my colleagues
    SOURCE: Bloomberg.com 1 month ago
  5. Unemployment rates we all know are a lagging indicator, they will come down later and slower than other indicators
    SOURCE: Bloomberg.com 1 month ago
  6. When Congress and the public believe the central bank is a source of funds to be used for purposes other than monetary policy, it’s not a good place to be in ... And we have pushed on that envelope and we have to do something about it.
    SOURCE: Bloomberg.com 1 month ago
  7. It cannot stay at that magnitude indefinitely. The question is not can we do it, the question is when, and will we decide before it’s too late?
    SOURCE: Bloomberg.com 1 month ago
  8. That’s making clear what our objective is ... And then we need to articulate a better path of policy that will get us there.
    SOURCE: Bloomberg.com 1 month ago
  9. It’s always been a challenge for the Fed to know when to raise rates
    SOURCE: Bloomberg.com 1 month ago

Recent Photos From The Wire

  1. India's Trade Minister Anand Sharma looks on during a news conference after a G20 ministerial meeting in Geneva November 29, 2009. The 153-member World Trade Organisation (WTO) is holding its seventh ministerial conference in its Geneva base from November 30 to December 2.
  2. LONDON, ENGLAND - NOVEMBER 29: Adam Helfant, Executive Chairman of the ATP, and Anthony Jenkins,Chief Executive, Barclays Global Retail Banking pose for a picture with Bob Bryan of USA and Mike Bryan as they hold the trophy after winning the men's doubles final match against Max Mirnyi of Belarus (R) and Andy Ram of Israel during the Barclays ATP World Tour Finals at the O2 Arena on November 29, 2009 in London, England.
  3. A fisherman paddles his canoe through dead fish along Manaquiri River, a tributary of the Amazon, near the city of Manaquiri, November 28, 2009. The world's biggest rainforest is suffering from seasonal drought, killing tonnes of fish. Picture taken November 28, 2009.
  4. India's Trade Minister Anand Sharma looks on during a news conference after a G20 ministerial meeting in Geneva November 29, 2009. The 153-member World Trade Organisation (WTO) is holding its seventh ministerial conference in its Geneva base from November 30 to December 2.
  5. WOLVERHAMPTON, ENGLAND - NOVEMBER 29: Michael Kightly of Wolverhampton shows the pain after battling for the ball with Barry Ferguson of Birmingham during the Barclays Premier League match between Wolverhampton Wanderers and Birmingham City at Molineaux on November 29, 2009 in Wolverhampton, England.
  6. LONDON - NOVEMBER 29: Florence Welch arrives for T4 Stars of 2009 at Earls Court Arena on November 29, 2009 in London, England.
  7. Bollywood actor Shah Rukh Khan speaks during the "Nation in Solidarity" program organized by the Home Ministry to pay tribute to the people who died during last year's terror attacks in Mumbai on Nov. 26, at India Gate monument, seen behind, in New Delhi, India, Sunday, Nov. 29, 2009. The siege, which included Taj Mahal hotel, Oberoi's Trident hotel, Jewish Chabad House and a city train station, lasted three days and claimed at least 166 lives.
  8. Walkers stop to watch a kite flier at sunset on a hill in Dresden, Germany, Sunday, Nov. 29, 2009.
  9. WOLVERHAMPTON, ENGLAND - NOVEMBER 29: Michael Kightly (R) of Wolverhampton competes with Barry Ferguson of Birmingham during the Barclays Premier League match between Wolverhampton Wanderers and Birmingham City at Molineaux on November 29, 2009 in Wolverhampton, England.
  10. WOLVERHAMPTON, ENGLAND - NOVEMBER 29: David Edwards of Wolverhampton in action with James McFadden of Birmingham looking on during the Barclays Premier League match between Wolverhampton Wanderers and Birmingham City at Molineaux on November 29, 2009 in Wolverhampton, England.
  11. WOLVERHAMPTON, ENGLAND - NOVEMBER 29: Michael Kightly of Wolverhampton receives treatment after a contest with Barry Ferguson of Birmingham during the Barclays Premier League match between Wolverhampton Wanderers and Birmingham City at Molineaux on November 29, 2009 in Wolverhampton, England.
  12. A fisherman paddles his canoe through dead fish along Manaquiri River, a tributary of the Amazon, near the city of Manaquiri, November 28, 2009. The world's biggest rainforest is suffering from seasonal drought, killing tonnes of fish. Picture taken November 28, 2009.
  13. BSC Young Boys' (YB) Seydou Doumbia (R) celebrates with team mates after scoring a goal against FC Basel (FCB) during their Swiss Super League soccer match in Bern November 29, 2009.
  14. Juventus' Amauri (R) is challenged by Cagliari's Davide Astori during their Italian Serie A soccer match at the Saint Elias stadium in Cagliari November 29, 2009.
  15. England's batsman Eoin Morgan, left, makes winning runs as South Africa's bowler Morne Morkel, right, reacts during the fourth One-Day International cricket match at the St. George's Park in Port Elizabeth, South Africa, Sunday Nov. 29, 2009. England won by 7 wickets with 112 balls remaining.
  16. England's batsman Eoin Morgan, right, makes a run, as South Africa's bowler Morne Morkel, left, reacts during the fourth One-Day International cricket match at the St. George's Park in Port Elizabeth, South Africa, Sunday Nov. 29, 2009. England won by 7 wickets with 112 balls remaining.
  17. The Netherlands Danny Stam and derny driver Joop Zijlaard, left, win the derny final during the final day of the 69th edition of the '6 days of Ghent' indoor cycling event in Ghent, Belgium, Sunday, Nov. 29, 2009.
  18. The Netherlands Danny Stam races to win the derny final during the final day of the 69th edition of the '6 days of Ghent' indoor cycling event in Ghent, Belgium, Sunday, Nov. 29, 2009.