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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

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May 23 at 12:50 UTC

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