News Headline Summary
Fed's Kocherlakota calls for monetary accommodation citing low inflation and high unemployment
- Fed should lower jobless threshold to 5.5%.
- Does not expect to be prepared to tighten policy this year.
Reaction details (13:54)
- No reaction seen following these comments as Kocherlakota is a non-voting member.
Analysis details (13:53)
- As a reminder, Kocherlakota is a non-voter on the FOMC and traditionally has a hawkish stance.
15 Jan 2013 - 13:50
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