Dudley’s comments are in the Q&A after a speech in Puerto Rico. He also says Fed rate moves will depend on outlook for economy.
The headline is slightly dovish. The Fed appears to be willing to tolerate some wage inflation before hiking rates.
Dudley’s comments are in the Q&A after a speech in Puerto Rico. He also says Fed rate moves will depend on outlook for economy.
The headline is slightly dovish. The Fed appears to be willing to tolerate some wage inflation before hiking rates.
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