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. central banker said on Tuesday, saying that inflation is simply too low to justify tighter monetary policy. Minneapolis Federal Reserve Bank President Narayana Kocherlakota, who has a vote …

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

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