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14 Jan 2015
Fed's Kocherlakota: Not favouring raising rates in 2015
FXStreet (Bali) - Narayana Kocherlakota, a dove voting member for 2015, and president of the Federal Reserve Bank of Minneapolis, is crossing the wires, speaking on his outlook for the US economy and monetary policy in 2015, noting that he doesn’t favour raising rates in 2015.
Additional headlines
Will take a few years before inflation back to 2%
Federal Reserve underperformed on dual mandate for 3 years
Lack of Federal Reserve response is further credibility risk
Federal Reserve hasn’t acted on inflation expectations drop
Federal Reserve eroding credibility by missing inflation goal
Additional headlines
Will take a few years before inflation back to 2%
Federal Reserve underperformed on dual mandate for 3 years
Lack of Federal Reserve response is further credibility risk
Federal Reserve hasn’t acted on inflation expectations drop
Federal Reserve eroding credibility by missing inflation goal