ROCHESTER, New York (Reuters) - The U.S. Federal Reserve must be prepared to raise interest rates if needed before the jobless rate has fallen to an "acceptable level", or risk losing its inflation-fighting credibility, a senior Fed official said on Tuesday. Philadelphia Federal Reserve Bank President Charles Plosser said he ...

ROCHESTER, New York (Reuters) - It is a good sign that many of the Federal Reserve's emergency facilities are winding down organically as the economy recovers and markets are no longer reliant on them, a senior Fed official said on Tuesday. Philadelphia Federal Reserve Bank President Charles Plosser, answering reporters ...

ROCHESTER, New York (Reuters) - The Federal Reserve must be prepared to raise interest rates if necessary before the jobless rate has fallen to "acceptable levels", or risk losing its inflation-fighting credibility, a senior Fed official said on Tuesday. Philadelphia Federal Reserve Bank President Charles Plosser said he has become more ...

WASHINGTON/PARIS (Reuters) - Senior U.S. Federal Reserve officials said on Thursday inflation is not an immediate threat as a weak economic recovery and a grim outlook for jobs keep price pressures in check. Charles Plosser, head of the Federal Reserve Bank of Philadelphia and Richard Fisher, his counterpart at ...