Minneapolis Fed President: Why I Dissented From Bernanke |
| August 13, 2011 | August 2011 Bond Updates |
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In its statement Tuesday, the Federal Reserve explicitly targeted mid-2013 for its first increase to the benchmark federal funds rate from its current historic lows. Three members of the policy-setting Federal Open Market Committee dissented from the decision and one, Minneapolis Fed President Narayana Kocherlakota, decided to explain why. |
| View more at: http://www.forbes.com/sites/steveschaefer/2011/08/12/minneapolis-fed-president-why-i-dissented-from-bernanke/ |
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