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14 Jan 2015
Fed's Kocherlakota: Uneasy about low long-term yields
FXStreet (Bali) - Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis, and a dove voting member for 2015, is answering audience questions after today's speech, noting that he remains uneasy about low long-term yields, a sign rates will be persistently low.
Additional headlines (via Reuters)
Uneasy about low long-term yields, a sign rates will be persistently low
Low long-term rates show there are fewer safe assets for investors
Expects wage growth to remain ‘quite low’ in 2015
Natural unemployment rate about 5 pct, though could be lower given sharp drop
Additional headlines (via Reuters)
Uneasy about low long-term yields, a sign rates will be persistently low
Low long-term rates show there are fewer safe assets for investors
Expects wage growth to remain ‘quite low’ in 2015
Natural unemployment rate about 5 pct, though could be lower given sharp drop