Narayana Kocherlakota

President, Federal Reserve Bank of Minneapolis


Joined the Federal Reserve: October 8, 2009

Left the Federal Reserve: December 31, 2015

Date of Birth: October 12, 1963


Summary Lean Statement Date Publication Date
1  A Swan Song for the Fed Dove Who Once Was a Hawk: "Mr. Kocherlakota said in the interview, after the Fed decision, that raising rates while falling short of the inflation target was wrong." (It is not clear on which date the interview took place.) Dovish December 29, 2015 December 29, 2015
2  Fed should cut interest rates, Kocherlakota says: "The Federal Reserve should cut interest rates below their current near-zero levels, a top U.S. central banker said on Thursday, staking out a more strongly dovish position on monetary policy than any of his fellow policymakers." Dovish October 8, 2015 October 8, 2015
3  Kocherlakota Says Low Inflation Warrants Further Fed Stimulus: ""Given the inflation outlook, given how low inflation is expected to be, to ensure the credibility of our inflation target, taking a more accommodative stance in September would have been totally justified," Kocherlakota said in the interview, broadcast Saturday. He steps down from the Fed on Dec. 31 and is not a voting member of the FOMC this year." Dovish September 29, 2015 October 3, 2015
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