Former NY Fed President Dudley Criticizes FOMC’s Inflation-Fighting Efforts: Is More Action Needed?
Former New York Fed President Warns Fed Needs to Hike Rates Bill Dudley’s Commentary on Monetary Policy Former New York Fed President Bill Dudley is out with a new commentary today saying that the Fed needs to hike rates further. “I think r* is a lot higher than the Fed recognizes — which means the…