Minneapolis Federal Reserve Bank President Narayana Kocherlakota Tuesday expressed comfort in the Fed's current level of asset purchases and its language, but noted that analyzing the Fed buying and structural labor market changes are evolving while inflation seems not to be a major problem.
Kocherlakota: Comfortable with Fed Language, Asset Levels
JAN 15, 2013 1:55pm ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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