Narayana Kocherlakota



May 2, 2019
It’s not just his controversial comments and tax issues. It’s not even his advocacy of commodity-price stabilization. It’s that his positions seem to shift for partisan reasons.


Apr 30, 2019
The central bank should seek to stabilize the economy, not interest rates.


Apr 15, 2019
The Fed’s toolkit is definitely lacking. It can mitigate this deficit, at least somewhat, by using what it has as wisely as possible.


Feb 1, 2019
The central bank says it’s ready to be flexible. Now it needs to show it.


Jan 28, 2019
It’s falling short of its goals for both inflation and employment.


Jan 11, 2019
The Fed is planning to eliminate over a million jobs , and put millions more at risk , in order to avoid a tiny deviation from its inflation target. I’ll leave it for readers to judge whether this is a desirable gamble.


Aug 31, 2018
Keeping the economy strong is the best defense against recession.


Jul 25, 2018
President Donald Trump has recently taken an aggressive stance toward the Federal Reserve, publicly criticizing it for choking off growth by setting interest rates too high.

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