Economics
Fed’s Plosser Sees Growth Exceeding 2.4% Amid More Job Gains
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Federal Reserve Bank of Philadelphia President Charles Plosser said he’s “fairly optimistic” economic growth will exceed 2.4 percent for the remainder of this year and next amid steady growth in jobs.
The expansion will probably slow to a 2.4 percent trend rate after 2015, Plosser, who votes on monetary policy this year, said today in to the Economic Club of New York.