Fed's Plosser Says Central Banks Must Exercise Caution as Lenders of Last Resorthttp://www.mortgagenewsdaily.com/652008_Central_Bank_Lending.aspPhiladelphia Fed President Charles Plosser said the Federal Reserve must follow rules and exercise caution as a lender of last resort. Speaking at the Society for Financial Econometrics Inaugural Conference in New York, Plosser said benchmarks may beenCommunityServer 2008 SP2 (Build: 31106.96)