Fed is creating risks to itself on credibility: Kocherlakota

(Reuters) - The Federal Reserve is risking its credibility by not acting aggressively enough to bring inflation back up to its 2 percent target quickly, a top U.S. central banker said on Tuesday.

Fed's Kocherlakota blasts new rate guidance

(Reuters) - The Federal Reserve should have promised to keep rates near zero until U.S. unemployment falls below 5.5 percent, as long as inflation and financial stability risks are contained, said the lone dissenter to the Fed's policy decision this week.