Fed’s Plosser: US Has ‘Created the Chance for a Lot of Inflation’

Thursday, 20 Oct 2011 07:53 AM
By Greg Brown

An economic recovery in the United States would raise the risk of incipient inflation, thanks to the huge amount of dollars the Federal Reserve has put into the banking system, warns Fed Governor Charles Plosser.

“We have created the chance for a lot of inflation,â€