Bill Dudley, former New York Fed President, says the Fed views monetary policy as only modestly restrictive. He tells Katie Greifeld and Romaine Bostick on “The Close” that policy may need to be eased as downside risks to the labor market grow, though financial conditions suggest it’s not very restrictive at all. (Source: Bloomberg)
www.bloomberg.com
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Financial Conditions are Accommodative: Fmr NY Fed Pres.
