FED: Minneapolis Fed Pres Kocherlakota (votes on FOMC in 2011) says
slow recovery is underway and expects about +3% real growth over the
coming 2 yrs. “The outlook for unemployment is not comforting” and
political uncertainty is problematic. Worries about inflation but Fed
intends to keep infl under control, so the price outlook is “basically
promising.” More on the MNI Main wire.