Bloomberg News

Plosser Says Threat of Deflation Would Warrant More Fed Stimulus

October 12, 2011

Oct. 12 (Bloomberg) -- Federal Reserve Bank of Philadelphia President Charles Plosser said today that the threat of deflation would warrant more Fed stimulus. Plosser, speaking to reporters after a speech in Philadelphia, said that more Fed action would also be warranted in a crisis.

To contact the reporter on this story: Caroline Salas Gage in New York at csalas1@bloomberg.net

To contact the editor responsible for this story: Kevin Costelloe at kcostelloe@bloomberg.net


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