Relevant:
- Kocherlakota Says Low Inflation Warrants Further Fed Stimulus
- Fed to Shrink Assets Next Month, Boost Rates by Year-End
- Central banks' pursuit of inflation has turned Sisyphean and some are calling for it to end
- Fed Raises Benchmark Rate as Inflation Approaches 2% Target
- Fed's Kocherlakota Says U.S. Economy Needs More Accommodation
2014-08-15 — businessweek.com
``The Federal Reserve won't reach its target of 2 percent inflation until 2018 because of continued weakness in the job market, said Federal Reserve Bank of Minneapolis President Narayana Kocherlakota.'' -- And of course gold is tanking... hmmmmmmmm...
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