A Change In Philosophy At The Fed Is Long Overdue – Part Two

Federal Reserve Chair Janet Yellen, center, Stanley Fischer, left, vice chairman of the Board of … [+] Governors of the Federal Reserve System, and Bill Dudley, the president of the Federal Rese...

Fed ‘Hasn’t Accomplished Anything’ on Labor Market, Dudley Says

(Bloomberg) — The Federal Reserve “hasn’t accomplished anything” in loosening the US labor market even after four consecutive 75-basis-point hikes, former New York Fed President Bill Dudley said...

Dudley Says Fed Will Hike Rates Much Further Than What Markets Expect

(Bloomberg) — Financial markets are underestimating just how far the Federal Reserve will go to tame a decades-high inflation rate, according to former New York Fed President Bill Dudley. Most R...

Fed to Lose Money Next Year as It Raises Rates, Dudley Says

(Bloomberg) — The Federal Reserve looks on course to lose money next year as it raises short-term interest rates to try to rein in inflation, according to former New York Fed President William D...