Kocherlakota Says Fed Hasn't Cut Real Interest Rate Enough

Minneapolis Federal Reserve President Narayana Kocherlakota on Friday repeated his call for the U.S. central bank to commit to keeping short-term interest rates low until the unemployment rate "normalizes." The Fed has said it will keep rates near ...

Fed funds, the U.S. overnight inter-bank lending rate, is projected to open at 0.12 percent to 0.14 percent, within the Federal Reserve's target of zero to 0.25 percent. Fed funds closed at 0.13 percent yesterday after trading from 0.08 percent to ...

* Dollar rises, trades near highs versus euro, yen * Euro zone inflation data could add to rate cut worries * US Fed's Plosser reiterates need to slow asset purchases * More Fed speakers due later; Aussie hits 11-month low LONDON, May 16 (Reuters) - ...

A combination of scant inflation and still-modest U.S. economic growth will likely lead the Federal Reserve this week to maintain its drive to keep borrowing costs at record lows indefinitely.

US Fed's efforts to ease monetary policy by buying large amounts of long-term securities weakens the dollar in the same way that interest-rate cuts do.

The U.S. economy is strengthening on the fuel of more job growth, rising home prices and solid retail sales. Just don't expect the Federal Reserve to let up in its drive to keep stimulating the

Ben Bernanke cautioned that any move to raise rates prematurely could derail a still-modest economic recovery.

The Federal Reserve's San Francisco chief says continued growth may justify cutting back on bond purchases meant to stimulate recovery. Further improvement could warrant winding down the program later this year, John C. Williams said during an ...

There are some signs that the US economy is recovering and some signs that the recovery is weak. Thus, in his view the debate will continue because of the mixed signals. Also read: Wall Street ends lower after Fed official's comments Below is the ...