Speech

An appreciation of the Fed's 12 banks


Abstract: Union League of Philadelphia <p>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.

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Speech

Publication Date: 2015-02-17

Number: 110