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Narayana Kocherlakota

'Juicing' Employment Is Good

Harlan Green | Posted 01.22.2013 | Business
Harlan Green

My goodness, we have such huge budget deficits, say the deficit hawks and bond vigilantes (who sing the same basic tune). Because deficits continue to grow, inflation is just around the corner. This means their thinking is even scarier.

The Bernanke Fed Is in a Deep Hole With a $1.6 Trillion Time Bomb

Robert Auerbach | Posted 10.29.2011 | Business
Robert Auerbach

The Bernanke Fed's policy has created a $1.6 trillion time bomb that has contributed to high unemployment and may explode under the Fed's new policy a...

Fed Official: High Unemployment Isn't Inevitable After Bubbles Collapse

Posted 05.25.2011 | Business

The collapse of an asset bubble will not necessarily lead to higher unemployment as long as monetary policy is loose enough, a top Federal Reserve...

Fed Officials: We Must 'Remain Vigilant' Against Inflation

Reuters | Posted 05.25.2011 | Business

ST. CLOUD, Minnesota (Reuters) - The Federal Reserve Bank should continue to flood the economy with cheap money to fight high unemployment, but poli...

Bernanke Warns Of The Severe 'Social Consequences' Of Unemployment

Posted 05.25.2011 | Business

NEW YORK (By Kristina Cooke): Federal Reserve Chairman Ben Bernanke warned on Tuesday that a long period of high unemployment could exact a steep soci...

Fed Officials Can't Agree On How To Fix The Economy

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Divisions within the Federal Reserve over how to pump up the economy and lower unemployment came into sharper view Wednesday. Thre...

Unemployment Could Rise To 10.1 Percent In 2011, Economists Say

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Even as the economy continues to grow, unemployment could rise over the next year to as high as 10.1 percent, according to a new paper by the San Fran...

The Market Overreacted To The Fed's Latest Statement, Top Official Says

Reuters | Posted 05.25.2011 | Business

MARQUETTE, Mich (Reuters) - The Federal Reserve's decision last week to buy more U.S. government debt should not be viewed as a sign the economic outl...

Shahien Nasiripour

Fed's Kocherlakota: Financial Reform Bill Can't End Bailouts Or 'Too Big To Fail' | Shahien Nasiripour | Posted 05.25.2011 | Business

Despite declarations from President Obama, his top aides and Democratic leadership that the pending financial reform bill in the Senate will forever e...

Shahien Nasiripour

Fed President: Great Depression Possible If Federal Reserve Stripped Of Bank Oversight | Shahien Nasiripour | Posted 05.25.2011 | Business

The U.S. risks falling into another "Great Depression" if the Federal Reserve is stripped of its bank oversight powers, a top Fed official warned Tues...