Mixed messages from the Fed

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Kocherlakota: Middle of the road

Minneapolis Fed President Narayana Kocherlakota often appears more middle-of-the-road than his colleagues.

Speaking to The Wall Street Journal last month, he said he has recently lowered his forecasts slightly for this year's economic growth to a rate between 3% and 3.5%.

He's also keeping his eye on inflation, and said he doesn't see a need to extend QE2 beyond June.

NEXT: Evans: QE2's $600 billion is appropriate

Last updated April 26 2011: 2:45 PM ET

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