The Fed has underestimated the extent of their ‘new language’ in cutting, says Narayana Kocherlakota
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Narayana Kocherlakota, University of Rochester professor of economics, joins CNBC to discuss why he’s surprised by the Federal Reserve’s decision to cut rates by 50 basis-points, what risks are present if the Fed is too aggressive in cutting, and more. 04:02 Thu, … Read more