Minneapolis Fed president: Fed ‘should be providing more stimulus’

Published September 5, 2013 4:00am ET



The Federal Reserve is widely expected to start slowing down its stimulus efforts this month, but not all central bank officials are convinced the economy is strong enough without further quantitative easing.

Minneapolis Fed President Narayana Kocherlakota said in a speech that forecasts of continued high unemployment and low inflation imply that the Fed is “failing to provide sufficient stimulus to the economy.”

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.