And this guy is a hawk? Minneapolis Fed President Kocherlakota suggests last week's FOMC...

|By:, SA News Editor

And this guy is a hawk? Minneapolis Fed President Kocherlakota suggests last week's FOMC statement didn't go far enough. What's needed is a liftoff plan where the FOMC promises ZIRP until unemployment falls below 5.5%. Prices? They may become pesky, but the FOMC can just raise its inflation target to perhaps 2.25%.