Kocherlakota says doesn’t see much inflationary expectations from QE

Depends where ya look, dude. If you look at gold, what do you see? Inflation expectations.

If you look at TIPS breakevens (the implied inflation rate from the pricing of Treasury Inflation-Protected Securities), you see none…

The Fed would not be contemplating QE if it had room to lower rates, the Minneapolis Fed president says…

The FOMC is prepared to be open-minded on policy tools, he says.