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Embargoed Until 9:30 am Chile Time and 7:30 am Eastern Time: The Scope and Responsibilities of Monetary Policy

PRESENTATION January 14, 2011

Speaker / Author

Charles I. Plosser, Ph.D.

Board Member, FINRA and Former President and CEO, Federal Reserve Bank of Philadelphia

Dr. Charles Plosser was president and chief executive officer of the Federal Reserve Bank of Philadelphia. In this role, he participated on the Federal Reserve System's Federal Open Market Committee, which is responsible for conducting our nation's monetary policy. He currently serves on the FINRA Board of Governors. Dr. Plosser joined the Philadelphia Federal Reserve Bank in 2006. During his term, he and his colleagues faced the challenges of a global financial crisis followed by a severe recession. The Federal Reserve took unprecedented actions, in both monetary policy and in its lending operations, that helped mitigate the effects of the financial crisis and ... Read More