Fed Must See Through Fluctuating Inflation: Plosser

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Philadelphia Fed President Charles Plosser said on Thursday, Inflation will fluctuate so the Federal Reserve must “see through” short-term weakness in recent readings. Plosser, who retires in March, also told reporters he generally supports three suggested changes to the way the Fed makes economic and policy forecasts, floated last week by Loretta Mester, head of the Cleveland Fed.



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