Fed's Dudley: No comments on economy, monetary policy
|NY Federal Reserve branch president William Dudley made no comments on economy, monetary policy, during his speech today.
In his last interview for the WSJ last Friday, Dudley said: "The economy looks like it’s growing at around a 2%, 2½% rate, you know, sufficient to generate payroll employment gains, you know, in the vicinity of where we’ve seen them, you know, certainly north of 150,000 (per month). What’s happening as a consequence of that is that the labor market is, I think, gradually tightening."
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