Plosser: Economy Could Be Stronger If Fed Had Followed My Advice

Philadelphia Federal Reserve President Charles Plosser tells TheStreet's Joe Deaux that perhaps the economy would be stronger if the Fed had followed his advice since 2009.
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Philadelphia Federal Reserve President Charles Plosser tells TheStreet's Joe Deaux that if the central bank followed his monetary policy advice since the financial crisis rates would be a little bit higher, and that "perhaps" the economy would be stronger. The Fed president, discussing the problem of long term unemployment in the United States, says he does talk to unemployed people. Plosser says he talks to communities, bankers and business owners to get a sense of the economy.