The economy is immune to Fed stimulus right now, Philadelphia Fed President Plosser tells the...

|By:, SA News Editor

The economy is immune to Fed stimulus right now, Philadelphia Fed President Plosser tells the WSJ, continuing his Emperor Has No Clothes tour (Bloomberg radio this morning, and a speech Tuesday). Are borrowing rates 10 or 20 basis points lower "really going to motivate people to break out of the challenges they face."