BY JON HILSENRATH
The Federal Reserve’s “hawks” are speaking out against additional action by the central bank to spur the economy.
The Fed has moved despite this group’s opposition before. Thus, the new comments don’t represent a signal from the central bank that it is backing away from its statement earlier this month that it might act.
But the remarks do highlight the complicated decision Fed policy makers face as they consider whether to launch a new bond-buying program, known as quantitative easing, at their meeting next month.
Charles Plosser, president of the Federal Reserve Bank of Philadelphia, said in an interview Wednesday …
Article source: http://online.wsj.com/article/SB10000872396390444233104577593333975725566.html?mod=rss_economy
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