Narayana Kocherlakota, Columnist

When the Fed Meets, We Need to Know

Monetary policy is too important to be decided in secret.

March 7, 2017 at 12:00 PM UTC

Narayana Kocherlakota is a Bloomberg Opinion columnist. He is a professor of economics at the University of Rochester and was president of the Federal Reserve Bank of Minneapolis from 2009 to 2015.

Keeping secrets?
Photographer: Win McNamee/Getty Images

Provide news feedback or report an error

Site feedback:

Take our Survey

This article is for subscribers only.

Officials at the U.S. Federal Reserve, including Chair Janet Yellen, have been sending unusually strong signals that they intend to raise interest rates at their next scheduled policy-making meeting later this month.

Why the sudden certainty? One possibility is that they have already met secretly via video conference.