Minnesota Fed President 'Strongly' Believes Fed Going in Wrong Direction
Posted on August 12, 2011 at 13:11 PM EDT
Not so long ago, Minnesota Federal Reserve President Narayana Kocherlakota was being described as a "likely backer" of Bernanke by friendly press. So it was a bit of a surprise when his name showed up on the list of dissenters from the FOMC statement.