Fed's Dudley: Monetary policy remains accommodative

Discussion in 'Fundamental Analysis' started by ForexLive, Oct 3, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Comments from NY Fed President Dudley - The tepid pace of the expansion reflects the fact that monetary policy was constrained by the zero lower bound - It is now accepted that the effectiveness of monetary policy is enhanced when the public has a clear understanding of the goals of monetary policy The comments weren't scheduled but appeared on the NY Fed website. There isn't anything that jumps out. It's the usual mix of common sense with a dovish tilt from Dudley.

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