Plosser and Fisher may dissent from Fed Chairman Ben S. Bernanke’s plan to purchase $600 billion in Treasuries

Federal Reserve Bank of Philadelphia, Charles Plosser, president and chairman of the Dallas Fed Richard Fisher, the dissent can plan s Fed chairman, Ben S. Bernanke, for purchase of $ 600 billion in Treasury bills, former Fed governor Lyle Gramley said.

"I think Philadelphia's Charles Plosser and Richard Fisher of Dallas are likely to dissent from time to time," Gramley said today in an interview, "Fast Forward" with Peter Cook. "You probably will not affect the outcome of monetary policy decisions. Ben Bernanke, is still in control of the commission."

Plosser said in an interview last week was a "close call" on whether to have dissented from the Fed's December 14, reaffirming plans to buy $ 600 billion in Treasuries in June, expanding to record stimulus try to reduce the 9.8 percent unemployment and keep inflation from falling. Fisher said in November that the measure may be "the wrong medicine" for the U.S. economy.

As part of an annual rotation in the vote on the policy of the Fed, Plosser Fisher, and the bankers of Chicago and Minneapolis Fed votes cast in 2011. The leader of the New York Fed has a permanent voting.

"This is a year that the Fed probably will not have to do anything, just sit still, let the economy take care of itself," said Gramley, senior adviser Potomac Research Group in Washington. "We're looking at an economy that is improving, so the Fed is not going to have to add more stimulation."

This month, the president of the Kansas City Fed, Thomas Hoenig, the senior political leaders, voted against the policy of the Fed for the eighth straight time and reiterated its view that "continued high level of monetary accommodation "may" destabilize the economy. " Record tied former Governor Henry Wallich in 1980 for most in a year dissents.