September 22: Philadelphia Fed President Plosser Plans to Retire in March (Bloomberg)
September 22, 2014
Federal Reserve Bank of Philadelphia President Charles Plosser, who votes on policy this year, will retire after eight years in which he became a consistent critic of the central bank’s unprecedented easing.
Plosser, 66, will step down on March 1, the reserve bank said today in a statement. The bank’s Chairman James Nevels, founder of The Swarthmore Group, and Deputy Chairman Michael Angelakis, chief financial officer of Comcast...