Minneapolis Federal Reserve Bank President Narayana Kocherlakota Thursday called on the central bank to provide even more support to the ongoing economic recovery, arguing concerns about risks to financial stability do not yet supersede the need to spur faster job creation and maintain price stability.

Speaking to reporters on the sidelines of the Hyman Minsky conference in New York, Kocherlakota said , with regard to possible bubbles forming in asset classes, "Right now ... I don't see those kinds of risks out there."

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