Fed meeting likely to bring rate cut and dissent, says Rochester economist
President Donald Trump is calling on the Federal Reserve to zero out interest rates—or adopt a negative rate—at its meeting this week. But Narayana Kocherlakota says that won’t happen.
Jumpy stock market hides economy’s positives
The Dow Jones Industrial Average has been on a wild ride in August, but University of Rochester economist Narayana Kocherlakota thinks that talk of a possible recession in the US is premature.
Expect the Fed to begin lowering interest rates
Next week’s meeting of the Federal Reserve will likely mark the beginning of a prolonged period of lower interest rates, says Narayana Kocherlakota, professor of economics and a former president of the Federal Reserve Bank of Minneapolis.
Economist says market is experiencing ‘volatility burst’
The Dow Jones Industrial Average is undergoing some wild swings. But Narayana Kocherlakota, economics professor and former president of the Minneapolis Fed, sees no reason for immediate concern.
Fed expert calls Jerome Powell an “excellent nomination”
Following President Trump’s nomination of Jerome Powell to succeed Janet Yellen as chief of the Federal Reserve, Narayana Kocherlakota noted his approval of the selection.
Interest rates, inflation, and you
In this week’s episode of the Quadcast podcast, former Federal Reserve leader Narayana Kocherlakota offers his insights on monetary policy and the need for diversity in economic models.
Kocherlakota talks FOMC and wage inflation
On Bloomberg News, Narayana Kocherlakota discusses the Federal Reserve’s most recent decision to leave interest rates unchanged, slack in the labor market, and why he thinks Federal Open Market Committee meetings need reviving.
Don’t complain that polls were wrong
Professor of Economics and Bloomberg View columnist Narayana Kocherlakota explains the role of polls—and statistical forecasting in general—as part of the U.S. election process.
Experts answer election questions we should be asking
The pending election has dominated news cycles for the past year. Four professors at the University of Rochester each raised and answered an important question they say we should be asking this election season.
World needs more U.S. government debt
In this time of global economic uncertainty, economics professor Narayana Kocherlakota argues that the U.S. government should be issuing more debt in order to strengthen the domestic economy. / Bloomberg View