Narayana Kocherlakota
Fed presidents opposed as September meeting nears
John Williams backs reducing asset purchases ‘later this year’ while Narayana Kocherlakota says the Fed should be providing ‘more stimulus… not less’
Kocherlakota warns of consequences of ‘mandate-consistent' lower rates
Minneapolis Fed president highlights risks accompanying persistent low rates, but argues rates must go lower still to be consistent with dual mandate
Fed doves disagree over FOMC's next move
Boston Fed’s Rosengren sees scope to continue asset purchases at current rate throughout 2013; Cleveland Fed’s Pianalto wants to slow programme down if labour market improvements hold
Fed presidents back unemployment offensive
Minneapolis and Boston Fed presidents call for aggressive monetary policy to tackle lethargic unemployment rate
Minneapolis Fed’s Kocherlakota warns FOMC against inflation drift
Minneapolis Federal Reserve president Narayana Kocherlakota says Federal Reserve should formulate a public contingency plan to avoid tolerance of high inflation
Kocherlakota explains logic of dissent to Fed's Operation Twist
Minneapolis Federal Reserve president Narayana Kocherlakota says Fed’s more accommodative policy stance is inconsistent with objectives
Central banks should allow governments to fail: Kocherlakota
Minneapolis Federal Reserve president Narayana Kocherlakota says central banks risk losing control of price stability if they don’t allow fiscal authorities to default
Communication on employment key to Fed credibility: Kocherlakota
Minneapolis Federal Reserve president Narayana Kocherlakota says difficulties in quantifying maximum employment pose challenges for FOMC
FOMC minutes show disagreement remains
Division persists among top US officials regarding future monetary policy
Kocherlakota speaks out against Fed decision
Minneapolis Fed president Narayana Kocherlakota says rising inflation and lower unemployment in economy did not warrant change in Fed language; says measure constitutes monetary easing
Minneapolis Fed’s Kocherlakota urges review of US tax code
Minneapolis Federal Reserve president Narayana Kocherlakota says US lawmakers must reduce incentives by households and financial institutions to overleverage
Monetary policy not responsible for land price bubbles: Minneapolis Fed’s Kocherlakota
Minneapolis Federal Reserve president Narayana Kocherlakota disputed claims that land price bubbles are a consequence of loose monetary policy
SF Fed plays down role of structural unemployment
San Francisco Federal Reserve note supports view that monetary policy can address high US unemployment
CIC’s Zhou calls on Congress, not Fed, to spend
China Investment Corporation’s Zhou Yuan says further quantitative easing will not cure United States’ unemployment problem; Fed expected to unveil more asset purchases, despite dissent
Minneapolis Fed’s Kocherlakota: QE exposes taxpayers to risk
Minneapolis Federal Reserve president Narayana Kocherlakota discusses negative impact of quantitative easing on taxpayers
Unemployment caused by structural mismatch: Minneapolis Fed’s Kocherlakota
Minneapolis Federal Reserve president Narayana Kocherlakota analyses the breakdown between job openings and unemployment in the United States
Minneapolis Fed’s Kocherlakota on the FOMC’s outlook
President of Minneapolis Federal Reserve Narayana Kocherlakota says recovery will only be “moderate”
Azerbaijan to move to DSGE model
National Bank of Azerbaijan will switch to consolidated DSGE framework by year-end; deputy research director says model valued for overall coherence and ability to factor in irrational behaviour