Lehigh Valley Partnership President Scott Fainor, Federal Reserve Bank of Philadelphia President and CEO Charles Plosser and Lehigh Valley Economic Development Corporation President and CEO Don Cunningham.

National and regional media outlets alike provided coverage for the Federal Reserve Bank of Philadelphia President and CEO’s appearance in the Lehigh Valley last week.

The Lehigh Valley Economic Development Corporation and the Lehigh Valley Partnership sponsored an October 16 presentation by Charles I. Plosser at Allentown’s PPL Center.

Plosser’s appearance, his first in the Lehigh Valley since 2009, drew a plethora of print and video journalists, and his comments were also picked up by other media outlets and news wire services.

“We were very pleased with the interest in Dr. Plosser’s presentation, which only serves to further reinforce the significance of his visit to the Lehigh Valley,” LVEDC President and CEO Don Cunningham said.

Below is a sampling of the media reports from the event:

• Wall Street Journal: “Fed’s Plosser Says U.S. Can Withstand European, Market-Related Stress”
• NASDAQ: “Fed’s Plosser: Fed Should Raise Rates ‘Sooner Rather Than Later’”
• Reuters: “Philly Fed’s Plosser urges earlier Fed rate rise, mum on market turmoil”
• Bloomberg (VIDEO): “Fed Language on Rates Needs More Flexibility”
• Morning Call: “Philly fed chief: Ebola, market volatility no major threats to economy”
• Business Spectator: “Fed must hike sooner, not later: Plosser”
• WFMZ: “Plosser wants interest rates to rise ‘sooner rather than later’”
• Forex News:  “Fed’s Plosser: ‘Waiting too long to liftoff is risky’”
• Newsmax: “Fed’s Plosser Urges Earlier Rate Hike, Says Market Plunge Won’t Throw Economy ‘Off the Tracks”
• MNI: “Phil Fed’s Plosser: Hike FFR Soon To Reflect Improved Economy”
• Lehigh Valley Business: “Progress undeniable; use data for monetary policy”
• IFA Magazine: “Philadelphia Fed president Plosser says rates should rise sooner rather than later”

Click here for a transcript of Plosser’s full speech.