The Traderszone Network

Published in TZ Latest News 7 October, 2014 by The TZ Newswire Staff

Fed’s Kocherlakota: ‘inappropriate’ to raise rates in 2015

The Federal Reserve should keep interest rates near zero through at least the end of next year, a top U.S. Minneapolis Federal Reserve Bank President Narayana Kocherlakota, who has a vote on the central bank’s policy-setting Federal Open Market Committee through the end of this year, said he doesn’t see inflation rising back to the Fed’s 2-percent goal until 2018.

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