Minneapolis Fed's Narayana Kocherlakota's replacement named

Former Pimco executive Neel Kashikari named his replacement

Kocherlakota has been the only Fed member to adamantly not want rate hikes, in fact he was still pumping for negative rates back in October

What nest the nooby flies into is uncertain but he's from Vampire Squid stock as well as Pimco

He also ran George W Bush's $700bn TARP to pump up the banks in 2008

Whether he's dovish or hawkish could obviously come too late if the Fed go in Dec, and his bank is only on the FOMC subs bench next year anyway

One out

One in