Nothing a little bond buying can’t solve…
Note to Dudley: You can’t eat an I-Pad…
Dudley further assures us that the Fed will exit in a timely way and has the tools to do so.
Headline inflation is troublesome, he says but an overreaction would risk bad consequences for economic activity.
Did Dudley really acknowledge that headline inflation is troublesome? The road to recovery starts with admitting you have a problem… Maybe Dudley is starting to see the light…
