PHILADELPHIA, Oct 20 (Reuters) - The dollar is falling primarily because investors are concerned about inflation down the road, Philadelphia Federal Reserve Bank President Charles Plosser said on Wednesday.
Plosser, responding to questions after a speech to the Union League of Philadelphia, also said that when the economic recovery gathers steam, the U.S. central bank will have to act perhaps aggressively to ensure inflation doesn't take hold.
Plosser will rotate into a voting role on the Fed's policy-setting committee next year. (Reporting by Kristina Cooke; Editing by James Dalgleish)