Adjusting long-term exit strategy has near-term effects: Fed's Kocherlakota

Minneapolis Federal Reserve Bank President Narayana Kocherlakota speaks at a macro-finance conference hosted by the Boston Federal Reserve Bank and Boston University in Boston, Massachusetts November 30, 2012.

Credit: Reuters/Brian Snyder

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Adjusting long-term exit strategy has near-term effects -Fed's Kocherlakota

BOSTON, April 13 | Sat Apr 13, 2013 3:00pm EDT

Minneapolis Fed President Narayana Kocherlakota, speaking to reporters, said that for example deciding not to sell assets in the years ahead would amount to easier current monetary policy.

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