Fed’s Plosser: Bar should be high to change course on taper

-Would be unwise for Fed to change unemployment threshold -No rush to raise main funds rate after 6.5% jobless rate reached -Bar to change pace of QE taper should be high -Reasonably pleased with strategy to unwind QE in 2014 -Fed seems on a path to completely wind down QE Dollar getting a gene…

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Fed’s Plosser: Bar should be high to change course on taper

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