The Traderszone Network

Published in TZ Latest News 7 April, 2015 by The TZ Newswire Staff

Fed’s Kocherlakota: Talk of rate hikes acts like policy tightening

Even talking about possible interest-rate hikes is problematic because it slows economic and jobs growth, a top Fed official said on Tuesday. “That conversation in and of itself is a tightening of policy,” Minneapolis Fed President Narayana Kocherlakota told reporters after a speech to the Bismarck-Mandan Chamber of Commerce.