Fed’s Plosser say Fed is not reacting to data

• Says Central bank needs to change guidance
• Fed should signal earlier rate rise on economy
• Says trend growth is about 2.5% and predicts growth will come in about 3.0%

On a hawk scale of 1-5 Plosser is a 6 and he’s a voting member on the FOMC

Plosser is speaking on Fox. No shocks to see both Bullard and Plosser the names of choice for those two tv channels