Minneapolis Fed President Naryana Kocherlakota Issues Statement Mid-Day Unexpectedly, Supports Continued Easy Policy

Minneapolis Fed President Naryana Kocherlakota issued a statement unexpectedly Monday, announcing his views that recent Fed communications have not been clear enough. He fully supports continued easing and argued that the FOMC has not done enough to quell rate hike fears. Asset Purchases Kocherlakota reiterated his stance that the Fed keep