Statement

Name: Narayana Kocherlakota

Summary: 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."

Lean: Dovish

Substantially Similar to Prior Statements: No

Statement Date: September 29, 2015

Publication Date: October 3, 2015

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