Fed's Plosser Says U.S. Growth Potential May Be Cut Permanently

Charles Plosser, president of the Federal Reserve Bank of Philadelphia, speaks at the American Economic Association's annual meeting in San Diego, California, U.S., on Friday, Jan. 4, 2013. Plosser said the last recession was a shock that seems to have permanently reduced the potential long-term growth of U.S. gross domestic product. Photographer: Sam Hodgson/Bloomberg via Getty Images