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Narayana Kocherlakota

Narayana Kocherlakota

Jul 22, 2020
Yes, the Fed Should Target Racial Equality
Biden’s third mandate would benefit all Americans.

Jul 1, 2020
The Fed Has Too Much Empathy for Banks
The U.S. Federal Reserve is being surprisingly soft on banks and their investors.

Jun 23, 2020
How Structural Racism Has Shaped the Fed's Leadership
One manifestation of structural racism in America is that Black people must achieve vastly superior qualifications to obtain leadership roles. Sadly, the U.S. Federal Reserve is no exception.

Jun 11, 2020
The Fed Is Choosing Banks Over People
The U.S. Federal Reserve has two congressionally mandated objectives: maximum employment and stable prices. Yet the central bank’s latest economic projections, released this week, suggest it won’t meet either of those goals in the next year and a half.

Jun 4, 2020
What the Fed Can Do to Speed Economic Recovery
The U.S. Federal Reserve needs to find a way to boost the economy and get people back to work. But it doesn’t want to lower interest rates below zero, as I have recommended. So what can it do?

May 27, 2020
3 Ways Congress Can Save the Economy
The U.S. economy desperately needs help. Unemployment, already at the highest level since the Great Depression, is expected to get worse and remain elevated for years.

May 22, 2020
America Has Opted for a Bad Recession
People keep saying that the coronavirus crisis has presented America with a difficult choice: the lives of our parents and grandparents versus the economic well-being of our children. I beg to differ.

May 13, 2020
Fed Must Fight Unemployment More Aggressively
With U.S. unemployment at levels not seen since the Great Depression, economic policymakers should be plotting a path to a better place.

More Narayana Kocherlakota, Bloomberg Opinion Stories

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