24 Mar 2017
Economy can afford a little less accommodation - Fed's Dudley
New York Fed President William Dudley crossed the wires last minutes, via Reuters, stating the following:
- Rates rises so far have been very gradual, to create a soft landing
- ‘Pretty close’ to employment, inflation objectives
- Could have inflation problem if you push unemployment much lower
- US economy is in ‘pretty good place right now’