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Fed's Kocherlakota: Fed kept inflation and employment needlessly low for years

Discussion in 'Fundamental Analysis' started by ForexLive, Dec 4, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Comments from Kocherlakota - Fed aimed at slow recovery in order to reduce volatility of policy rate - Adherence to Taylor rule slowed job creation - Fed should put more weight on inflation and output gap forecasts This might be the final time we hear from Kocherlakota after he announced he's leaving the Minneapolis Fed. He's an unapologetic dove right to the end.

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