Fed's Kocherlakota: Fed should not raise rates this year

FXStreet (Bali) - Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis, and a major dove, is speaking on monetary policy, saying that the Fed should not raise rates this year, Reuters reports.

Headlines

Raising rates would slow progress toward inflation goal

Keeping rates at zero would boost employment

Federal Reserve should have added more stimulus last year to boost inflation, employment