Kocherlakota: Fed must do ‘whatever it takes’
The Fed should be “willing to use any of its congressionally authorized tools to achieve the goal of higher employment," said Federal Reserve Bank of Minneapolis President Narayana Kocherlakota.
View ArticleFed decision gives homebuilder stocks a boost
Homebuilding stocks jumped 6 percent on Sept, 18, the biggest gain in two months.
View ArticleFed saw ‘moderate’ growth last month
The Federal Reserve says “moderate” growth across most of the country was buoyed by gains in holiday spending by consumers, an improving labor market and strength in manufacturing.
View ArticleFederal Reserve links rate to range of data
Low inflation, high unemployment are among arguments for the Fed keeping long term interest rates down
View ArticleFed saw continued growth as weather improved
The Federal Reserve said the U.S. economy continued to expand in most regions as businesses benefited from a bounce back from harsh winter weather earlier in the year.
View ArticleFederal Reserve to keep trimming stimulus
Growth “has picked up recently,” the Federal Open Market Committee said Wednesday in a statement in Washington.
View ArticleKocherlakota expects MN jobless rate to continue falling
The president and CEO of the Federal Reserve Bank of Minneapolis predicted statewide unemployment would continue falling through 2014 even as the national rate starts to stabilize.
View ArticleKocherlakota: Weak job market suppresses inflation
The Minneapolis Fed chief predicted the unemployment rate would decline to “around 5.7 percent” by the end of this year.
View ArticleFed’s Kocherlakota: Credibility on inflation target at stake
The Federal Reserve Bank of Minneapolis president said the U.S. central bank risked damaging its credibility.
View ArticleMinneapolis Fed’s Kocherlakota to step down in 2016
Federal Reserve Bank of Minneapolis President Narayana Kocherlakota will step down when his current term ends in February 2016.
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