Kocherlakota answering audience questions:
- Says the Federal Reserve is a ‘politics-free’ organisation
- US needs to be careful on EU-like disinflation
- Says Europe on disinflation path the past few years
- Inflation needs to be back near 2% before liftoff
- Sees inflation below Federal Reserve target for the next few years
- Says the unemployment rate overstates labor market strength
No more to come