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Kocherlakota : Rising Inflation Means Time for fED to Act, Prepare for Exit

Kocherlakota said the unemployment level has came done recently and added he expects unemployment to fall to 6 pct in long run
He said rising inflation forecast signals Fed to act and prepare for exit from loose monetary policy
Kocherlakota expects inflation at about 2 pct this year, but rising to 2.3 percent next year.

Published: 2012-05-10 20:07:00 UTC+00

See also: Current support and resistance levels

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Jun 20 at 6:03 UTC

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