Former New York Fed Head Dudley on Monetary Policy

Bill Dudley, former president of the Federal Reserve Bank of New York and now a senior research scholar at Princeton University and a Bloomberg Opinion columnist, discusses the central bank’s policy. Fed Chair Jerome Powell said officials can be patient on raising interest rates — after announcing a start to reducing their bond purchases — but won’t flinch from action if warranted by inflation. Dudley speaks on “Bloomberg Daybreak: Australia.”
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