When discussing the exit from monetary policy accommodation, the question isn’t whether the Fed has the tools — the more important aspects are the timing and the pace, Federal Reserve Bank of Philadelphia president Charles I. Plosser said Friday.

Calling the exit from an accommodative policy “very tricky,” Plosser told the Harrisburg, Pa., Regional Chamber and Capital Regional Economic Development Corp. that since “nontraditional actions” were used, this exit strategy will be more tricky.

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