Head of the NT Federal Reserve Dudley, more remarks
- 'Good' fiscal policy to share more on stimulus burden
- Fed doing pretty well on its two mandates
- 3% plus growth possible if productivity improves
- Fed cannot react to every stock market move
Dudley spoke earlier, along with other Fed big wigs:
- Fed's Williams on the USD: Value determined by markets, a key input to outlook
- Fed hike odds jump on Dudley comments. USD/JPY setting up for a big gain
- USD/JPY liking the hawkish Fed remarks
- The Fed is on a communications offensive
- Fed's Dudley: Case for rate rise is more compelling
- More from Fed's Williams: Right now interest rates are abnormally low,
- Fed's Williams: Rate increase up for 'serious consideration' in March
- Fed's Harker: Repeats that 3 hikes appropriate this year