US: Minneapolis Federal Reserve Bank President Narayana Kocherlakota Speech


Tue Apr 07 07:50:00 CDT 2015

Highlights
Minneapolis Federal Reserve Bank President Narayana Kocherlakota speech, in Bismarck, North Dakota.

Minneapolis Fed Kocherlakota stated that raising the fed funds rate this year would be a mistake. He called on the Fed to be extraordinarily careful in removing monetary accommodation. It seems the doves are still in control of the FOMC based on data dependency.

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