The Fed "should not be too sanguine" in believing the time to exit its loose monetary policy is...

|By:, SA News Editor

The Fed "should not be too sanguine" in believing the time to exit its loose monetary policy is a long way off, Philly Fed's Plosser warns. "A stronger rebound in the economy or inflation than some now expect could require policy actions to be taken sooner and more aggressively than many observers seem to be anticipating."