Fed Officials Signal More Willingness to Consider March Hike

  • Dudley, Williams express confidence, sending March bets rising
  • N.Y. Fed’s Dudley sees ‘more compelling’ case for tightening

El-Erian Says Wage Growth Is Key to Fed's March Decision

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Two influential Federal Reserve officials signaled a greater willingness to tighten monetary policy, perhaps as soon as next month.

New York Fed President William Dudley, in an interview Tuesday on CNN International, said the case for tightening had become “a lot more compelling” in recent months. “The risks to the outlook are now starting to tilt to the upside,” he said.