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Fed’s Kocherlakota: SNB move was a surprise to me

Fed’s Kocherlakota: SNB move was a surprise to me

Central Banks
Adam Button
16/01/2015 | 14:51 GMT

Kocherlakota taking audience questions:

  • Fed will weigh impact of Swiss move on US
  • Fundamentally, the impulse for US economy is domestic
  • Expects to see some acceleration in wages
  • Wage growth has ‘room to run’ without creating excess pressures

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