Federal Reserve Bank of Minneapolis President Narayana Kocherlakota

Federal Reserve Bank of Minneapolis President Narayana Kocherlakota: "The future course of the U.S. economy is not predetermined by the events of the past seven years. Both history and theory have the same lesson: It is possible to undo what might now appear to be permanent changes," Mr. Kocherlakota said in remarks.., according to Wall Street Journal and A tax break for businesses that invest in research and development, new equipment and physical structures could be "an effective form of stimulus" for the U.S. economy, Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said Saturday. (news.financializer.com). As reported in the news.