Dudley Says It’s Important for Markets to Grasp Fed’s Thinking

  • Says investors should understand Fed’s likely reaction to data
  • Comments follow concerns raised in April FOMC meeting minutes

BlackRock's Rieder: Data Downtrend Makes Fed Hike Harder

Federal Reserve interest-rate policy is dependent on incoming economic data, and it’s important for investors to understand how it informs the U.S. central bank’s rate decisions, said Federal Reserve Bank of New York President William Dudley.

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