Kohn says Fed Risks Overshooting on Rate Hikes

Published on:
12 September 2006 at 10:21 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00016057-kohn-says-fed-risks-overshooting-on-rate-/

Fed Board Governor Donald Kohn said on Thursday that the Federal Reserve is aware that it runs the risk of going too far with interest rate hikes, according to a story by Reuters.

“Overshooting is one of the things we are very aware of as a risk in policy today,” Kohn answered an audience question after a speech to bankers and business leaders.

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