US Federal Reserve Bank of New York's Dudley making a scheduled speech 10 May 2016

No comments on mon pol in the prepared text in a speech in Zurich closed to reporters

  • US would not necessarily lose if USD alternatives become reserve currencies
  • US need not fear challenges to US dollar
  • USD value can be driven primarily by events abroad
  • USD's reserve status can push its value "out of line"

US Fed's William Dudley - Not scared of challenges to USD's reserve status