Former NY Fed Chief: ‘Powell’s Pivot Is A Pretty Big Gamble’
“Problem is, the central bank’s dovishness also increases the possibility of no landing at all,” Bill Dudley warned.
“Problem is, the central bank’s dovishness also increases the possibility of no landing at all,” Bill Dudley warned.
A recession is “inevitable” despite President Joe Biden’s claims to the contrary, former president of the Federal Reserve Bank of New York, Bill Dudley, outlined in Bloomberg on Wednesday.
Americans for Limited Government (ALG) President Rick Manning released a statement Tuesday, slamming former New York Federal Reserve President Bill Dudley’s call for the Fed to consider how their policies will impact the 2020 election.
Former New York Federal Reserve President Bill Dudley urged Tuesday his former colleagues not to help President Donald Trump in his trade war against China. He even urged the central bank to consider how its monetary policy might impact the 2020 presidential election.