Statement

Name: Narayana Kocherlakota

Summary: 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.)

Lean: Dovish

Substantially Similar to Prior Statements: No

Statement Date: December 29, 2015

Publication Date: December 29, 2015

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