Minneapolis Fed chief expects several years of high unemployment - Bring Me The News

Minneapolis Fed chief expects several years of high unemployment

The president of the Minneapolis Federal Reserve Bank expects modest improvements in unemployment numbers over several years. Narayana Kocherlakota spoke at a lucnheon Friday, adding that the overall recovery will take longer: "If you're thinking five years, I don't think you'll be disappointed,"
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The president of the Minneapolis Federal Reserve Bank expects modest improvements in unemployment numbers over several years. Narayana Kocherlakota spoke at a lucnheon Friday, adding that the overall recovery will take longer: "If you're thinking five years, I don't think you'll be disappointed,"

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