Uncertainty limiting recovery, Kocherlakota says
Uncertainty over taxes and government spending is limiting the economic recovery, Minneapolis Fed President Narayana Kocherlakota said Monday, according to a transcript of the speech he's delivering to the Sioux Falls Rotary in South Dakota.
``This is an economic recovery that doesn't measure up to the traditional standards of the traditional post-World War II recovery,'' Silvia said in a radio interview today with Tom Keene on ``Bloomberg Surveillance.''