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Tag: Narayana Kocherlakota

Rochester economist expects the Fed to stay the course

Rochester economist expects the Fed to stay the course

January 27, 2020

At the committee’s first meeting of 2020, Rochester professor Narayana Kocherlakota expects the Federal Open Market Committee to hold the course on interest rates, as issues from trade wars to impeachment loom.

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‘Absurd’ for Fed to leave its policy framework unchanged

‘Absurd’ for Fed to leave its policy framework unchanged

December 9, 2019

Rochester professor of economics Narayana Kocherlakota expects to be disappointed this week, as the Federal Reserve Open Market Committee has signaled that it will make no changes to an eight-year-old policy statement for meeting inflation and unemployment goals.

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The Great Recession: The downturn that wouldn’t end

The Great Recession: The downturn that wouldn’t end

November 1, 2019

The Great Recession officially lasted through June 2009, with unemployment levels peaking in October of that year. And while unemployment is now the lowest it’s been in the last 50 years, Rochester experts say the recession is still very much with us.

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Rochester economist: Low inflation rates hurt the Fed’s credibility

Rochester economist: Low inflation rates hurt the Fed’s credibility

October 25, 2019

“There’s a lot of evidence that in the last eight years or so the Fed has lost control,” says Narayana Kocherlakota, the Lionel W. McKenzie Professor of Economics at the University of Rochester.

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Fed meeting likely to bring rate cut and dissent, says Rochester economist

Fed meeting likely to bring rate cut and dissent, says Rochester economist

September 17, 2019

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.

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Jumpy stock market hides economy’s positives

Jumpy stock market hides economy’s positives

August 29, 2019

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.

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Expect the Fed to begin lowering interest rates

Expect the Fed to begin lowering interest rates

July 25, 2019

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.

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Economist says market is experiencing ‘volatility burst’

Economist says market is experiencing ‘volatility burst’

February 8, 2018

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.

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Fed expert calls Jerome Powell an “excellent nomination”

Fed expert calls Jerome Powell an “excellent nomination”

November 2, 2017

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.

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Interest rates, inflation, and you

Interest rates, inflation, and you

October 25, 2017

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.

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