An appreciation of the Fed's 12 banks

Charles Plosser ()

No 110, Speech from Federal Reserve Bank of Philadelphia

Abstract: Union League of Philadelphia

President Charles Plosser highlights the history of the Federal Reserve and why he believes our central bank?s unique structure has withstood the test of time. He also discusses the importance of having an independent central bank that can make monetary policy decisions without fear of direct political interference.

Pages: 13 pages
Date: 2015-02-17
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedpsp:110

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