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Fed Creating 'unacceptable' Risks to Inflation: Kocherlakota

By Clip Syndicate
The Federal Reserve is creating unacceptable downside risks to U.S. inflation by signaling it will gradually remove monetary stimulus next year despite low inflation, Minneapolis Federal Reserve Bank Narayana Kocherlakota said on Friday. He added that the central bank should also have signaled its willingness to restart its controversial bond-buying program if that pledge does not work to bring inflation expectations back to the Fed's 2-percent target. The U.S.






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