Federal Reserve Kocherlakota: Fed should not raise rates this year

Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis, is speaking on monetary policy.

Headlines via Reuters :

• Federal Reserve should not raise u.s. interest rates this year
• Raising rates would slow progress toward inflation goal
• Keeping rates at zero would boost employment
• Federal Reserve should have added more stimulus last year to boost inflation, employment

Kocherlakota is a dove. No surprises from him here