Minneapolis Fed President Narayana Kocherlakota: "Essentially, I am optimistic" about recovery,...

|By:, SA News Editor
Minneapolis Fed President Narayana Kocherlakota: "Essentially, I am optimistic" about recovery, but there's continued weakness in labor. U.S. exposure to European problems is only through "small" channels. Expects inflation to remain at current low rates through the rest of the year.