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Plosser, a leading Fed ‘hawk,’ to retire in March

By Martin Crutsinger
Published September 22, 2014 4:17pm ET
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Plosser, a leading Fed ‘hawk,’ to retire in March
FILE - In this June 24, 2014 file photo, Philadelphia Federal Reserve President Charles Plosser is interviewed by senior Washington correspondent Peter Barnes, on the Fox Business Network, in New York. Plosser, a leading inflation "hawk" at the Federal Reserve, on Monday, Sept. 22, 2014 said he will retire in March. (AP Photo/Richard Drew, File) | Richard Drew

WASHINGTON (AP) — Charles Plosser, a leading inflation “hawk” at the Federal Reserve, announced Monday that he plans to retire March 1.

Plosser, who has been president of the Fed’s Philadelphia regional bank since August 2006, has been a leader of the officials known as hawks for their concerns that a continuation of low-interest rate policies could ignite inflation.

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