Kroszner on Fed's Inflation Target, Jan. 26

Jan. 26 (Bloomberg) -- Randall Kroszner, professor of economics at the Booth School of Business at the University of Chicago and a former Federal Reserve governor, talks about Fed monetary policy. Fed officials said yesterday their benchmark interest rate will stay low until at least late 2014 and anticipate that unemployment will remain high and inflation “subdued.” Kroszner speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)