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Fed’s recipe for success: Lots of stock market volatility Add to ...

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Instability is stability. Got that?

Good, because it will be key to understanding the future of financial markets if Narayana Kocherlakota is right.

The Winnipeg-raised president of the Federal Reserve Bank of Minneapolis says that the U.S. Federal Reserve will have to maintain unusually low interest rates for the next five years to keep prices stable and encourage employment.

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