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Home>Fed's Kocherlakota Again Argues Against Raising Short-Term Rates This Year

Fed's Kocherlakota Again Argues Against Raising Short-Term Rates This Year

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Fri, 4 Sep 2015

By Michael S. Derby NEW YORK--Federal Reserve Bank of Minneapolis President Narayana Kocherlakota again argued on Thursday against any move by the U.S. central bank to raise short-term interest rates this year. Given that inflation has been and is likely to remain for some time below the Fed's 2%
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